CFAH

Uppity Academics

It’s doom and gloom Wednesday. Not only are the economists at UCLA’s Anderson school calling the peak of the California real estate market, they’re putting 50/50 odds on a statewide recession by the end of 2007. California’s housing boom appears to be peaking, and the resultant slowdown is expected... Read More »

Three Months Of Stagnating Prices In San Francisco

According to the California Association of Realtors (CAR), the median sales price of a SF Bay Area home was $730,360 this past August (and sales volume dropped 3.7% compared to August ’04). While this does represent a $6k increase in the median sales price from July ‘05, it is... Read More »

Renting Is The New New Thing

While the Times is more eloquent, the Chronicle is obviously closer to home. Another testimonial for renting over buying in the Bay Area: After 15 years as a homeowner in the Bay Area, I’ve cashed out and taken advantage of a bizarre situation: Homes that sell for a fortune... Read More »

Renters Rejoice

Feeling blue or left behind because you’re a lowly renter in the Bay Area? Don’t. The New York Times echoes our insight, debunks a number of home-owning myths, and reaches the following conclusion: In the Bay Area, renting might be more financially savvy than buying. Yes, even accounting for... Read More »

Calling All Tips

Calling All Tips

We’re taking the rest of the week off. And encourage you to do the same. And while you’re at it, grab the camera and a notepad and stroll around your neighborhood. Take some pictures, scribble some notes, uncover a scoop; and then drop us a line. Then do the... Read More »

Dueling Academics

A new study by researchers at Columbia University and the University of Pennsylvania’s Wharton School suggests that housing prices in San Francisco are NOT overvalued. The study, titled “Assessing High Housing Prices: Bubbles, Fundamentals and Misperceptions”, points to “basic economic factors, including low interest rates, strong income growth and... Read More »

Movies In The Marina

Closed since October 2001, the Cinema 21 on Chestnut Street will rise like a phoenix from the flames (and in an entirely new light). The model — hashed out by the property owner, the Marina Merchants Association and the Neighborhood Theater Foundation — uses ground-floor retail as an engine... Read More »

Icer Air Seriously Deflated

Icer Air Organizers announced their tentative date/time for the rescheduled event: September 29 at noon. And no, that’s not a typo, September 29th is a Thursday. That’s one way to cut down on the crowds (and picket waving NIMBYs.) · Sponsors modify plans for ski jump · Organizers... Read More »

Buy A BMW 325i For Only $80k!

The Mortgage Bankers Association reported that 44.8% of all mortgage applications last week were for refinancing activities (versus new home purchases). Implications? Considering mortgage rates have been at historic lows for the past couple of years, it suggests that homeowners, “aren’t cutting their interest rates at all; rather, they’re... Read More »

Sticks And Stones…

Nothing like being labeled a housing “Danger Zone” (as if earthquakes weren’t enough). CNN/Money confirms that the majority of buyers in San Francisco (and 49% of buyers in Oakland) are resorting to “non-traditional” loans. Not new news to our readers (other than the moniker), but the quote from the... Read More »