You Can Relist, But You Can’t Hide

It’s a dirty little secret of the real estate trade: relist (or in this case, change agents) in order to obscure a dramatic price reduction for a property. And it probably worked a lot better before SocketSite (and our readers) joined in the fun. From a reader’s tip: “240... Read More »

The Times They Are A-Changin’

Inman echo’s our previous observations (and then some) concerning the abrupt slowdown in local open house traffic: All the signs are there: no more double parking to get a sneak peek at an open house showing; no more buyers sweating it out to make the best offer among dozens,... Read More »

Flexcar Comes To San Francisco

Flexcar Comes To San Francisco

As of today, City Carshare and Zipcar have some competition in the San Francisco car-share arena. Two important things to note: 1. up to 75% of Flexcar’s fleet will by hybrid vehicles, and 2. if you join and drive by the end of the year, Flexcar will waive both... Read More »

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 85,000 jobs since 2000 when the flood of high-paying technology jobs began drying up.” That’s 10% of the entire... Read More »

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 will last for a couple of weeks, then that will be it, more or less, for the rest of... Read More »

Word Of The Day: Palpable

Under the heading “Signs of a changing real estate market”, Inman News kicks off a three-part series on the rapidly changing real estate market. And wouldn’t you know it, Northern California takes center stage. Visitors cruised through the two-bedroom, one-and-a-quarter-bath Northern California home offered for $479,000, but “not as... Read More »

Not Only Fashion Trends Move East To West

For months we’ve been keeping our eyes on the steady uptick of San Francisco listings that have languished in the market and have finally succumbed to the dreaded scarlet “r” (i.e. reduced). We’ve seen nothing, however, to rival what’s starting to happen in New York. Can you believe a... Read More »

Sign Of The Real Estate Times

Have you noticed that the San Francisco Real Estate Times is quickly approaching the thickness of a small town phone book? Page count has increased 30% since September ’04 (yes, we keep a library of old issues). Now granted, we now suffer more full page ads trying to justify... Read More »

San Francisco Inventories On The Rise

Although a 16% increase in the San Francisco for-sale listings is hardly substantial, it is directional (and important to note). According to the New York Times: For-sale listings have also swelled throughout California, according to the California Association of Realtors. In the San Francisco Bay area, they have increased... Read More »

Pier Wars

Pier Wars

We’d like to believe that we’re such a force in San Francisco that we were singled out as recipients of a very nice voicemail asking us to take a look at the Stop Pier 39 website. But damn, that message sounded suspiciously like a script. Good thing we’re pushovers.... Read More »