San Francisco’s Sales Volume Falls, Broader Bay Area Plummets
According to DataQuick, sales volume (i.e., demand) for existing homes in San Francisco fell 17.3% on a year-over-year basis last month (469 sales in September ’07 versus a revised 567…
Foreshadowing A Fall For Northern California? Or Forecasting Folly?
According to DataQuick sales volume plunged last month in Southern California “to the lowest level in more than two decades, as financing with “jumbo” mortgages dropped by half.” And when…
JustQuotes: Horton Hears A Who And A Where (Are The Buyers)
“D.R. Horton Inc., the second-largest U.S. homebuilder, said orders in the fiscal fourth quarter plunged to the lowest in almost six years as customer cancellations soared and banks restricted lending.”…
SocketSite’s San Francisco Listed Housing Inventory Update: 10/15
New listings continued to outnumber new sales over the past two weeks in San Francisco as inventory of Active single family, condo, and TIC listings increased 3.4% (and has closed…
NAR’s Monthly Moving Target (October Edition)
For the eight month in a row, the National Association of Realtors has lowered their annual sales forecast for existing homes across the nation. And the latest forecast now calls…
Those Damn Neighbors: The Bridgeview (And Bank Owned) Edition
400 Beale #1501 has been on the market for a little over a month. Advertising the largest 2 bedroom, 2 bath floor plan at the Bridgeview and a “huge final…
The National Association of Realtors Pending Home Sales Index Falls
Citing mortgage woes, the National Association of Realtors reports that their forward-looking national Pending Home Sales Index (based on signed contracts) fell 6.5 percent from July to August and is…
The Next Era In San Francisco’s Development: It’s All About Density
Going green might be trendy (and we’re all for it), but as far as we’re concerned it’s a focus on density (and infill) that will define the next era in…
SocketSite’s San Francisco Listed Housing Inventory Update: 10/1/07
New listings continued to outnumber new sales over the past two weeks in San Francisco as inventory of Active single family, condo, and TIC listings increased 5.2% (and has closed…
JustQuotes: Don’t Shoot (But Feel Free To Debate) The Messenger(s)
“A recession within the next 12 months is likely and its impact on the Bay Area will be “sharp but short” due to the area’s strong economic underpinnings, according to…