A Decade Of Movement In San Francisco’s Mean Sales Price
Once again, this data only reflects properties that were listed and recorded as sold on the SFAR Multiple Listing Service. And as always, while a change in average (or Median)…
San Francisco Home/Condo Sales: Historical Context
We turn to Malcolm Kaufman’s latest ‘Pulse of The Market‘ for twenty years of MLS sales history for San Francisco’s single-family homes (SFH) and condominiums. Keep in mind that this…
The Economics Of Apartments Versus Condominiums In Washington
The New York Times looks at the struggling new condo development market in Washington D.C. and the impact of developers changing course from sales to rentals. “After six weeks of…
We’re Losing Faith (And Not Necessarily In The Market)
We asked the obvious two months ago when Economy.com predicted 3.6% home price gains for San Francisco, San Mateo, and Marin over the next two years despite analysis that suggested…
Hindsight For Some (Foresight For Others?)
From Inman News (free until midnight): With the “perfect vision of hindsight,” Retsinas said it is clear that the slowing began late in 2005. “Everyone knew you couldn’t sustain double-digit…
Not If You’ve Been “Plugged In” (Hidden That Is)
A tipster forwards ‘The Hidden Truth About Home Prices‘ from the New York Times. “The truth is that the official numbers on house prices — the last refuge of soothing…
Existing Home Prices Fall Nationally (And In The West)
While it’s the local housing market that you really need to “plug in” to, it’s worth keeping an eye on the broader market trends as well. The National Association of…
Just Quotes: So Is San Francisco Hot Or Not?
“Do not be afraid of falling prices. It’s sales that are important,” Lereah said. “We needed prices to fall. We had a balloon and we are deflating it. It got…
San Francisco’s One Thumb Up
BusinessWeek gives San Francisco real estate a “thumbs up” in terms of “Value for the Long Run.” And while we agree, the jury is still out with regard to the…
Just Quotes: Et Tu David?
David Lereah, the senior vice president and chief economist of the National Association of Realtors, “expects real estate prices to continue to fall in most U.S. markets. In areas that…