We’re Still Not Moving To Texas
Local Market Monitor, a real-estate market research provider, estimates that the San Francisco/Oakland real estate market is overvalued by 53%. “The level of over-valuation matters in three ways, according to…
Declining Sales (And Prices) In December
According to DataQuick and the Chronicle, Bay Area single-family home sales were down 15.5% compared to December 2004 and the median sales price dropped 3.5% as compared to November 2005.…
Broker’s Index Says…Buyers Market In Marin
Real estate broker Nate Sumner developed The MARKET HEAT Index™ to track “the intensity of buyer competition for listed residential properties.” The Index is derived by “adding the number of…
Is Silicon Valley Once Again Leading The Way?
From the Realty Times: However, a growing number of buyers who purchased homes at peak price periods in 2005 may now be living in homes worth tens of thousands of…
Charles Schwab Says…
…especially when you’ve been tapping into a home equity line of credit to finance your lifestyle (i.e. a plasma, BMW, and dinner at Michael Mina), and you purchased the house…
On Tour as Repeat
Buyers rejoice. Home inventories are once again on the rise as sellers and agents re-list properties that failed to sell last year and which had been withdrawn from the market…
Soros Speaks
Last November we called the top of the San Francisco housing market. Two months later George Soros calls the top of the US housing bubble. “Soros said he believed the…
Fleeing California? You’re Not Alone
United Van Lines has tracked state-by-state migration patterns since 1977. From its most recent report: For 2005, the accounting is based on the 226,353 interstate household moves handled by United…
Ignorance Is Bliss (Until You lose Your House)
It looks like the two Davids are starting to plead ignorance with regard to the impact that investors (i.e. speculators and flippers) will have on the housing market. First David…
Slicing Up San Francisco
Billed as “Rental Property Statistics for the San Francisco Bay Area,” RentSlicer is the latest Craigslist/GoogleMaps mash-up to enter the market. They’re still working out the kinks (no Hayes Valley…