theFrontSteps – San Francisco

Real Estate, Insight, Statistics, Gossip, & News…With a Twist and Some Flavor

Entries Tagged ‘Economy’

Chief Economist And Forecasters For C.A.R. Say Market Rising…And [Likely] Falling

Herein lies the problem with reporting on real estate: Everybody has their opinion on what the market is doing, but nobody knows for sure. Case in point, just yesterday we posted “San Francisco housing market continues to show promising signs of recovery”. We posted that from information obtained from the San Francisco Association of Realtors, [...]

Get While The Gettin’s Good: Sell Now Or Forever Hold Your Peace

We’ve been on a lot of listing presentations lately where the motivation to call us in off the bench has been, in so many words: We’re thinking we should sell our place now before it gets any worse. The media (and certain local real estate blogs) are certainly good at creating panic, and Realtor blogs [...]

Can Steve Jobs’ Leave Of Absence Affect SF Real Estate?

Is Steve Jobs so much of a factor that his absence could further derail the economy and possibly even our local real estate market? Certainly Steve Jobs taking a leave of absence until the end of June is not good news for Apple, and not necessarily good news for morale around these parts, but there [...]

A Little Holiday Cheer To Take You Into The Weekend

So we got this little text come across our channels yesterday and we thought we’d share it with you. The Dow is going to drop to 7500 (at least) next year. It’s going to get uglier before it gets better. The hedge funds have yet to implode, and while not as damaging as the big [...]

Reader Request: “Fire The Whole Treasury”

By request: Can you put this on your blog? “Fire the whole Treasury Team“[MSN Money] These are my thoughts exactly. Glad to help.

Reduction, Ad Nauseum

I’m not a Realtor, so I’ll tell something I’m more qualified to comment on: buyers’ perspectives. For instance, I can tell you how buyers looks at a property that’s been reduced more than twice. We feel sorry for them. They’re like awkward teenage boys at their first dance, pretending to be terribly busy with their shoe laces [...]

Congress Fails to Deliver $700 Billion Check. Will San Francisco Real Estate Finally Fall Victim?

Surely you heard the news yesterday of the failed passing of the $700 Billion economic recovery bill, but today the Monkey gives one last effort to convince Congress to act before he rides off in the sunset to tend to his hogs. [Photo Credit: New York Times] The stock market has rallied today, but what [...]

Taking Over Fannie Mae and Freddie Mac, Some Clarification

If you’ve been wondering what all of this Government takeover of Fannie and Freddie means, you’re hardly alone, so we just went ahead and copied what we just read to give you some different perspectives of what is being said in the real estate world. We take zero credit for this, it all came from [...]

Labor Day is over…now what?

Labor Day is behind us, which typically marks the beginning of Real Estate season. Many buyers are waiting for that special place to hit the market, and many sellers are getting their homes ready to place in the increasingly critical public eye, and hoping they sell prior to the looming Holiday Doldrums. More and more [...]

Our (extended) backyard is getting more affordable, Lake Tahoe luxury real estate takes a dip

It’s not very often that we get excited about a dip in median or average sales price, but when we’re talking our favorite playground and extended backyard, we have to admit we’re a bit giddy. From a recent article in the Reno Gazette Journal: “We had an absolute record-breaking year for the high-end market in [...]