Hardly A Bunch Of Hacks

Thanks to The Housing Bubble 2 for alerting us to the following: Q: PIMCO is following the U.S. housing market very closely, forming a research team and sending people around the country to observe regional markets for signs of a slowdown. What did the team have to say at... Read More »

Can You Say Speculative Bubble Froth?

“At the same time rental rates were dropping, we had housing prices totally skyrocketing”. Credit Andrew Zacks, a “San Francisco lawyer who handles Ellis Act evictions and other land use cases” with that comment. A comment that points to a market driven by speculative froth rather than sound investing... Read More »

Sales Of New Homes Tumble

US new home sales fell 11% in November, the biggest drop since 1995, and at 1.25m homes sold, the lowest pace since January. It is important to note that new home sales are considered to be even more of a leading indicator of market health than existing home sales... Read More »

2006 California Housing Forecasts

Economic forecasts for 2006 are hitting the wire. With respect to 2006 housing prices, Wells Fargo is forecasting a 5.7% increase for Northern California, while FORTUNE is forecasting an anemic .1% growth for San Francisco in 2006 (-2.9% in 2007). From FORTUNE: Nationally, the overall outlook seems reasonable: 7... Read More »

Those Damn Neighbors

Those Damn Neighbors

The listing price for the two bedroom house at 2401 Vallejo has been reduced $230,000 (to $1.99m). The property had been sitting on the market at $2.25m when their next-door neighbors put their more modern house on the market for $1.95m. Those damn comps (and neighbors). ∙ Listing: 2401... Read More »



Perfectly said by the folks at apartment therapy, “In an effort to help apartment owners who are looking to sell without a broker and to show off cool apartments to readers looking for them, we are posting good ones that we stumble upon.” We like it, and we’re running... Read More »

San Francisco’s Shrinking

San Francisco’s Shrinking

More coverage of the net migration out of San Francisco that we first reported in June: according to CNN/Money, three percent of San Francisco’s population has moved to Stockton, Sacramento, and Vallejo. That’s 21,000 fewer buyers/renters milling about the city. ∙ High housing prices are driving residents from many... Read More »

San Francisco Perspective: Condominium Developments

Numerous new San Francisco condominium developments have recently, or will soon, come on the market. The nine developments below represent approximately 1,300 new condo units and are but a few of the new developments in the works within the city limits. For perspective, there are currently 427 San Francisco... Read More »

Feel Our Pain (And Avoid Your Own)

A corrupt hard drive reduced our office to ruble (and our staff to tears) last week. Take it from us, spending four days reinstalling software, recovering files from a week-old backup, and then trying to recreate a week of Outlook calendar, inbox, and story changes could drive a person... Read More »