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Need a magnifying glass?


This is why we always recommend you pay close attention to the details of “bay area housing” reports.   We see San Francisco exactly as it is…low inventory, prices up.  How is that a bad thing?  Remember too, the media and other reporters (bloggers) are not representing clients who are getting out-bid, or can’t find a home, on a daily basis.  So essentially, they’re a bit behind “real-time”.

Bay Area Home Sales lowest since 1996, prices still flat [Data Quick]



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One thought on “Need a magnifying glass?”

  • Anne

    March 19, 2007 at 11:05 am

    An increase in “Median Sales Price” does not mean that homes are appreciating, but a 12.6% decline in transactions does mean that fewer are selling.


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