CFAH

Reduced! At 199 New Montgomery

It’s only been a few months since a bidding war left 199 New Montgomery “sold out” and at least seven units are back on the market (i.e. being flipped). In the current market it wouldn’t really catch our attention except that at least one unit (#506) is already being... Read More »

HousingBubble Market Lacks Froth

After three bids, the HousingBubble.com domain name sold for $2,225 (slightly below the sellers “buy it now” price of $250,000). Apparently there’s not much “froth” in the HousingBubble domain name market. Only seven hours left in the NoHousingBubble.com auction… Read More »

30,067 Fewer Home Buyers

According to the California Association of Realtors, only 8% of San Francisco households can currently afford to buy a median-priced home in the city. That’s down from 12% in April of last year. · Housing Affordability Index falls three points to 17 percent in April Read More »

Update: Bubble Domain Smackdown

Realty Baron coined the phrase, we just borrowed stole it. In any case, here’s the auction update: HousingBubble.com: one day left and only one bid of $1,000 (but over 900 gawkers and a couple of “encouraging” comments which kind of freak weird us out) NoHousingBubble.com: no bids, zip, zilch,... Read More »

Greenspan Speaks

Although we don’t always listen to, or agree with, Chairman Alan Greenspan, one part of his recent testimony definitely caught our eye. The dramatic increase in the prevalence of interest-only loans, as well as the introduction of other relatively exotic forms of adjustable-rate mortgages, are developments of particular concern.... Read More »

Sales & Deals: Modern Furnishings

Moving into new digs? Upgrading your style? Preparing for that upcoming spread in Dwell? Impeccable timing. It’s currently 10% off at both Design Within Reach (through 6/14) and highbrowfurniture.com (through 6/18). We can’t vouch for highbrow, but we dig DWR (studios on both Fillmore and Jackson). Read More »

NoHousingBubble.com

No doubt you’ve heard that the HousingBubble.com domain name is up for auction. But what happens if a bubble fails to materialize? Well here’s your opportunity to put all those bubblemongers in their place. That’s right, the NoHousingBubble.com domain name is now up for auction! What better way for... Read More »

Investing In The Bubble

Entrepreneurs from coast to coast are creating investment funds and ancillary businesses to capitalize on any downturns in the real estate market. One such “opportunity fund” has a stated plan of acquiring “new and converted condominium units purchased by speculators” and then holding them for “extended periods or shorter-term... Read More »

Greater Fool Theory Comes Home

Bubble buzz phrase of the week: ‘Greater Fool Theory‘. Even National Public Radio joined the debate this weekend.  And like the old Saturday Night Live skit, it just begs the questions: who is this fool, just how much money does he have, and shouldn’t somebody warn him? Being sapiosexual... Read More »