Articles Filed Under: Seemingly Random

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SocketSite’s Bay Area Agent Pageant

Damn it! We weren’t planning on announcing this until next week, but those type-a innovative New Yorkers at Curbed just forced our hand… Have you ever noticed how often property statements/ads seem to feature an agents picture just as prominently as the actual listing? And is it just us,... Read More »

Kiyosaki Speaks

When Robert Kiyosaki speaks, the masses seem to listen. Sparking an investing revolution with “Rich Dad, Poor Dad”, Kiyosaki recently shared his thoughts about the current real estate craze with Carol Lloyd of “Surreal Estate” fame. “Don’t get me wrong, I’m still buying real estate,” he told me, adding... Read More »

Dueling Reports

If you read the Examiner, the median sales price of a San Francisco home is now $760,000 (a reported 16.4% gain from 6/04); and if you read the Chronicle, the median sales price is now $800,000 (a reported 15% gain from 6/04). Both papers credit DataQuick as their source.... Read More »

Blast From The Past

We’ve recently been reminded of a passage from Po Bronson’s The Nudist on the Late Shift: Though people are willing to make bets, nobody pretends that stock prices are rational. By now it’s perfectly clear that the national fascination is riveted on people who are getting rich quickly and... Read More »

It’s About Time

Two months ago SocketSite highlighted the PMI Group’s Economic and Real Estate Trends report that indicated a 39.5% likelihood of decline in the San Francisco real estate market over the next two years (and a ten-year price appreciation of 2.3%). Two months later Kiplinger’s generates a ton of buzz... Read More »

Googleite Land Grab

Apparently newfound Google wealth has created a bidding frenzy in Atherton. According to the RealEstateTimes, “More than half a dozen Google employees have bought Atherton houses for between $3.5 million and $17.8 million since September.” And one local broker estimates that “25% to 35% of recent upper-end home sales,... Read More »

We Paid Them Off

According to Money magazine and CNN/Money, San Francisco was merely a “contender” in their ranking of “Best places to live 2005″. Mill Valley, however, managed to make the top ten and we actually feel sorry for them. Can you imagine what would have happened to local real estate prices... Read More »

These Go To Eleven

A RealEstateJournal study of 2,000+ first-time homebuyers identified the eleven “satisfaction milestones” of buying a home. We’re still trying to figure out how to get past number one (Dreaming). ∙ First-Time Buyers Ride Emotional Roller Coaster Read More »

Et Tu Brute?

The senior vice president and chief economist for the NATIONAL ASSOCIATION OF REALTORS® recently penned an article for Realtor® Magazine titled “Keep a cautious watch”. The three trends he suggests we keep a cautious eye on: ∙ Speculation: This form of investing can be risky when buyers go out... Read More »