Forget About Foreshadowing, We Served Up the Forewarning
Two months ago we let you know to be prepared. Others are now learning the harder way. [Brent Meyers] owns a substantial investment portfolio and a million-dollar house in Moraga.…
Silicon Valley Hiring Slowdown: Meaningful Or Meaningless?
“Hiring in Silicon Valley was strong during much of 2007 but lost momentum toward the end of the year, a slight slowdown that has continued into 2008, local experts on…
SocketSite’s San Francisco Listed Housing Inventory Update: 3/31/08
The inventory of Active listed single-family homes, condos, and TICs in San Francisco increased slightly (1%) over the past two weeks and is currently running 43% higher on a year-over-year…
Are We Detached From More Than Simply The Fundamentals?
An interesting chart of California MSA home price appreciation as measured by the OFHEO*, put together by the Public Policy Institute of California (pdf), and by way of a plugged-in…
Going Once, Going Twice…“Sold” For $700,000 (41 Federal #42)
With around sixty people in the room, but only a few active bidders, the high bid at today’s auction for 41 Federal #42 was $700,000 (and apparently it wasn’t “outbid”).…
No Real Signs Of Recovery (Much Less Of Simply Stopping Its Slide)
While U.S. existing home sales were “up” in January (but once again, down 23.8% on a year-over-year basis and with prices down 8.2% nationally and 13.4% in the West), the…
January S&P/Case-Shiller: San Francisco MSA Continues Decline
According to the January 2008 S&P/Case-Shiller Home Price Index (pdf), single-family home prices in the San Francisco MSA fell 2.9% from December ’07 to January ’08 and are down 13.2%…
The Good And The Bad (But Not Necessarily The Ugly)
The good news on Wall Street: JPMorgan has raised its bid for Bear Stearns to about $10 per share. The cumulative bad news on Wall Street: 34,000 jobs have been…
SocketSite’s San Francisco Listed Housing Inventory Update: 3/17/08
The inventory of Active listed single-family homes, condos, and TICs in San Francisco increased 9% over the past two weeks and is now running 49% higher on a year-over-year basis.…
San Francisco Recorded Sales Activity In February: Up (14.9% YOY)
According to DataQuick, home sales volume in San Francisco jumped 14.9% on a year-over-year basis last month (431 recorded sales in February ’08 versus 375 sales in February ‘07) and…