San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
Technical traders and analysts often talk about support levels or a floor price. In the housing market, real estate agents talk about “stickiness.” Previous downturns in the housing market have…
Ten hours later and this is already old news, but for those of you who missed it, DataQuick reported Bay Area sales stats for March this morning. For the Bay…
Gary and Margaret Hwang Smith, two economics professors at Pomona College, recently concluded that there is no national housing bubble (“Bubble, Bubble, Where’s the Housing Bubble?“). In fact, they suggest…
Quick, what’s the ‘riskiest’ year in the life of a mortgage from a lenders perspective? Think it’s the first? Guess again. “Although borrowers are often told that the first year…
Right on the heels of Thursday’s report of an increase in previously owned home sales, the Commerce Department reports that national new home sales fell by 10.5% last month –…
According to the California Association of Realtors, Bay Area median home prices gained 1.7% last month, and on a year-over-year basis remain up 6.1% (8.0% in San Francisco County). Not…
Originally we wrote, “Nothing new, but a good reminder from The Wall Street Journal”. And then we re-read the last sentence of the third paragraph: “In the hot housing market…
According to DQNews, “Bay Area home sales remained at their lowest level in five years in February, as price increases continued to slow….” San Francisco sales volume is off by…
Okay, so who’s the genius at NAR that decided that a “balloon is a much better image” to represent the strength of the real estate market? Are we the only…
A loud “Amen!” with regard to reducing your exposure to “variable-rate or interest-only loans”, but damn, even we’re not as bearish as financial consultant, and author (Sell Now! : The…