Noe Valley Numbers And Insight
Garrett (of Greg & Garrett fame) was kind enough to drop us a note to let us know that our post on Noe Valley price reductions inspired him to add…
Increasing Rates, Decreasing Availability
Square Feet points out that rates on home equity lines of credit have nearly doubled over the past two years (now 8.2% on average). And the LA Times runs Kenneth…
A Rapid Inventory Rebound In San Francisco
We expected an inventory rebound in San Francisco, just not so quickly. Over 200 new listings have hit – or returned to – the market in San Francisco since the…
Even More Value At The Lansing!
It appears that The Lansing (“Where quality meets value!”) recently (i.e., yesterday) joined the Watermark, 776 Tehama, and 69 Clementina in discounting prices on brand-new condominiums. According to ZipRealty, the…
SocketSite’s San Francisco Inventory Update: 6/30/06
As far as we can tell, last week marked the first time since the beginning of the year that new sales have outpaced new listings in San Francisco. At the…
A Troublesome Trend?
Four units in 255 Berry are currently on the market. That’s not a lot considering the number of units in the building (100), and not too surprising considering the building…
Two Tuesday Reports
PMI reports that they believe the likelihood of a price decline in the San Francisco Bay Area (San Francisco, San Mateo, Redwood City) housing market now stands at 56%. But…
San Francisco Year-Over-Year Appreciation Flat
According to DataQuick, the median sales price for existing homes in San Francisco was $767,000 last month, up only 0.3% from $765,000 in May ’05. In addition, sales volume was…
SocketSite’s San Francisco Inventory Update: 6/15/06
Two different sources, two different statistics, one consistent story: new listings in San Francisco continue to outpace sales. One source pegs the increase of available listed inventory at just over…
Harvard’s State Of The Nation’s Housing Report: 2006
Harvard released their annual “State of the Nation’s Housing” report this week. We haven’t had a chance to do anything other than skim the contents (current slowdown should be moderate;…