Calling All “Industry Experts”
Headlines coming out of the Inman News’ Real Estate Connect conference this afternoon: “Industry leaders predict slowing market”. To which we respond: no kidding, it’s about time, and how about…
Here We Go Again
Remember last May when we first suggested you take a look at the Spring PMI Risk Index? And then how two months later Kiplinger’s finally gets around to publishing a…
Sales Activity: National Versus Local
According to the National Association of Realtors, national existing home sales came in at a record setting annual pace of 7.33 million homes as measured in June. And according to…
Not The “P” But The “E”
You might recall our previous discussion about San Francisco’s housing P/E. In summary, it’s out of whack. From an investing perspective, while the cost (Price) of an investment in San…
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…
San Francisco Population Drops 4.2%
According to a report just released by the Census Bureau, the population of San Francisco declined 4.2% (or 32,000 people) from April 2000 to July 2004. According to CNN, “Hurt…
Price Drop In San Francisco Bay Area
According to the California Association of Realtors, the Media sales price of a single-family detached home in the San Francisco Bay Area dropped .2% (from $723,070 to $721,730) in May…
The New New Pricing Thing?
10% of the listings featured in HILL & CO’s full page Sunday Real Estate ad screamed “PRICE REDUCED!” Perhaps under pricing listings to generate bidding wars is so last year,…
Reduced! At 199 New Montgomery
It’s only been a few months since a bidding war left 199 New Montgomery “sold out” and at least seven units are back on the market (i.e. being flipped). In…
Investing In The Bubble
Entrepreneurs from coast to coast are creating investment funds and ancillary businesses to capitalize on any downturns in the real estate market. One such “opportunity fund” has a stated plan…