I’ve heard from multiple sources that SF real estate is, for the most part, immune to the havoc wreaked on other parts of the US. But sales at our most recent condo complexes show that happy-smile-don’t-worry line of rhetoric is about as reliable as the clown’s was in Poltergeist (Happy Halloween!). Socketsite … Continue reading New Developments Face a New Reality in SF
Did we read that headline correctly? Is that quite possibly the first headline in over two years about the housing/mortgage market that doesn’t spell disaster? Or is it the shot of Tequila and can of Tecate (a bit of lime squeezed in and a touch of salt on the rim) talking? Home loan applications are … Continue reading “Mortgage market weathers storms” – SFGate
More doom and gloom data for you to ponder. We won’t even point out the silver lining to the always dark cloud of real estate reporting, but it’s in there…rest assured. From sfgate: The price of a typical single-family home in the San Francisco area plunged 22.1 percent compared with a year earlier, according to … Continue reading Plunging Home Sales in the San Francisco Bay Area
Lots of people yapping on and on about how San Francisco listing inventory is through the roof, sales volume is in the toilet, and both median and average home prices have plummeted, but the Fluj says: Seemingly the perception is that there is a lot of inventory, but is there, really? And as for prices, … Continue reading Weekly Fluj: Inventory, is there a lot of it?
Recently, we’ve been contacted by more than a dozen Realtors asking if we could “plug” their listings. Typically, this is not something we do as it defeats the purpose, honesty, and transparency of this blog, but we got to thinking…why not? We could make a little $$ from it, and help get the word out … Continue reading Isolated Panic amongst some San Francisco Realtors, or something larger?
This from a reader: Here is another shining example of disservice to the SF real estate market courtesy of the SF Gate. The SF Gate and KGO (ABC) reported ([yesterday and the day before yesterday], respectively) on the same story, but KGO was decent enough to report the foreclosure numbers IN CONTEXT, i.e. referencing that … Continue reading Shining examples of more stellar “local” real estate reporting