We’re Down With Lao
Lao Tzu, a sixth century B.C. philosopher, is quoted as having said, “Those who have knowledge, don’t predict. Those who predict, don’t have knowledge.” Or said much less eloquently, and…
Tenants In Common (TIC) Thursday
Rumblings of TIC lottery reform and continued coverage of individual loans for TIC units are headlining stories today. To be honest, TICs scare the hell out of us these days.…
San Francisco Bay Area Sales And Prices Down
According to the California Association of Realtors, the median sales price for existing homes in the San Francisco Bay Area dropped 1.3% from June to July. Perhaps more importantly, sales…
Now That’s A Chart!
(Chart from NYT article: Be Warned: Mr. Bubble’s Worried Again) Robert J. Shiller, the Yale economist who published “Irrational Exuberance” in the year 2000, is at it again. And with…
Condo Investing Myths
Ready to cash in on the condo craze? Not so fast. Three condo investing “myths” as dispelled by CNN/Money: Myth 1: Get in early and you’ll be guaranteed a profit.…
Reading Between The C.A.R. Lines
According to the California Association of Realtors, the median sales price of a San Francisco Bay Area home increased 1.8% from May to June. At the same time, C.A.R. reports…
A Clue From Down Under?
Ever been to Sydney, Australia? It’s beautiful on-the-bay living in a geographically constrained, internationally desirable, and damn expensive city. Sound familiar? So when JPMorgan goes on record stating that house…
Euro Subterfuge
We’re tired of hearing it: “Compared to London or Paris, San Francisco looks cheap to the Europeans. Especially with the strength of the Euro.” All the while the London market…
We’re Tired of Being Number One
Once again the San Francisco Bay Area ranks number one in the state. According to the California Association or Realtors (C.A.R.), the average San Francisco Bay Area household income falls…
Real Estate Vs. Real Behavior
A great post (and quote) brought to our attention by Ben Jones’ The Housing Bubble 2 this afternoon. First the quote: ‘I can calculate the motions of heavenly bodies, but…