Comments on: San Francisco Housing Market Continues To Show Promising Signs Of Recovery

By: McKinney Home sales

McKinney Home sales — Fri, 07 May 2010 22:23:00 +0000

That graph is very impressive. We have had some challenges with lenders backing out on the day of closing for reasons that make little or no sense.

By: Dallas Listing Agent

Dallas Listing Agent — Fri, 07 May 2010 22:19:35 +0000

It is great to see that your market has rebounded so well, you guys were hurtin! Our market is also climbing.

By: MovotoRealEstate

MovotoRealEstate — Thu, 19 Nov 2009 03:07:04 +0000

That's a lot for San Francisco homebuyers to think about. A lot of great data there. Let's hope the tax credit will make a difference. Here's some more data about the state of the San Fran real estate market: San Francisco Real Estate Statistics

By: hoegaarden

hoegaarden — Thu, 19 Nov 2009 00:46:12 +0000

regarding the bar chart : can we really learn anything by looking at the number of homes in contract ?

There are two factors affecting the number of homes in contract. One : the number of homes entering into contract. Two : the length of time that a home remains in contract.

The first factor is indeed an indicator of market health. However the second factor isn’t. The length of time a home remains in contract might be affected by tighter constraints on funding, delaying closure. It can also indicate a shift towards a buyer’s market with buyers not being rushed through to COE as quickly as during boom times.

And lets not forget that not all homes in contract reach closure. There seems to be a higher number of homes falling out of contract lately.