Look At All That Pretty Green
According to Lyon Real Estate, Sacramento County housing inventory has tripled since March of this year, while total sales have declined. Once again, it’s not the Bay Area, but we’re…
Writing On The Wall
“U.S. housing starts fell 5.6 percent in October as construction of both single-family and multifamily homes slid, while a drop in permits for future groundbreaking was the largest in more…
Boast Busters In The Making
To be fair, this isn’t nearly as much of a boast as the original, but it still needs some busting. Under the Inman headline “Realtor questions value of interest-only real…
San Francisco Housing Inventory: Up, Up, And Away!
According to the HousingTracker, San Francisco housing inventory is up over 36% over the past two months (based on active MLS listings). That’s a good statistic, but don’t pay too…
Median San Francisco Bay Area Home Prices Down $20k
According to the California Association of Realtors, the Median sales price of a San Francisco Bay Area home fell 2.8% last month (from $730k in August, to $710k in September).…
We’re Moving On Up!
According to a Global Insight study, the San Francisco real estate market is overvalued by approximately 36% (up from 30% at the beginning of the year). As such, San Francisco…
Bay Area Inventories Up, Agent’s Spirits Down
This should come as no surprise to any regular SocketSite readers, but if you haven’t been reading or are new to our community here’s a bit of insight: inventories are…
Forget Staging, It’s Now About Posing
An instant classic! A reader forwards an email they recieved promoting a friend-of-a-friends open house this weekend. The classic excerpt: “I have an open house this Sunday from 2-4 and…
San Francisco Loses 85,000 Jobs
Well, so much for justifying the San Francisco real estate run-up over the past five years on a booming local job market. According to the Examiner, “San Francisco has lost…
Boast Busters (SocketSite Style)
On September 20th, real estate agent Matt Lanning posted the following to his blog: There is a veritable saturation in the market this week of way too many homes. This…