Rates Cheap. Houses Not Cheap.
According to the most recent DataQuick report, Bay Area home sales plunged last month while prices held steady. From the Chronicle: Bay Area home sales tumbled to their lowest level…
“Marin Home Sales and Prices Plunge”
Ron Parks of Vision Real Estate, and publisher of The Marin Report, definitely caught our attention with that headline. The first three paragraphs of his most recent monthly market trends…
Our Readers Know Better. Right?
Please don’t join the ranks of those who are in over their heads when it comes to servicing their debts (mortgage payments?), and are banking on double-digit home appreciation to…
Single Price Reductions Are Just So Early January
Guessed wrong Overly optimistic about the value of your listing? You’re not alone. Looks like “Second Price Reductions” might be a growing trend as you can add 897 Hayes Street…
December Prices and Sales Fall In San Francisco
The California Association of REALTORS® (C.A.R.) reports that both prices and sales of single family homes fell this past December in the San Francisco Bay Area. According to C.A.R., the…
Declining Sales (And Prices) In December
According to DataQuick and the Chronicle, Bay Area single-family home sales were down 15.5% compared to December 2004 and the median sales price dropped 3.5% as compared to November 2005.…
Is Silicon Valley Once Again Leading The Way?
From the Realty Times: However, a growing number of buyers who purchased homes at peak price periods in 2005 may now be living in homes worth tens of thousands of…
On Tour as Repeat
Buyers rejoice. Home inventories are once again on the rise as sellers and agents re-list properties that failed to sell last year and which had been withdrawn from the market…
Fleeing California? You’re Not Alone
United Van Lines has tracked state-by-state migration patterns since 1977. From its most recent report: For 2005, the accounting is based on the 226,353 interstate household moves handled by United…
San Francisco Sales Continue To Fall
In case you missed it, home sales in the San Francisco Bay Area fell 6% this past November (-14% compared to the year prior), while the Median Sales price was…