Not such a pretty picture for Bay Area housing


Is that why this guy is so smiley? His predictions are coming true? For those wondering, that is “[e]conomist Ken Rosen, a notorious bear on housing who has called for a correction for several years, [who] said home prices in the urban core of the Bay Area could drop 5 to 10 percent – but … Continue reading Not such a pretty picture for Bay Area housing

An Interesting Twist to an Already Twisted Tale


From a reader: “This happened to a unit in my building, #108 over here at 88 King. They auctioned it off during the all star game and it went for $840,000.” From the article: “Mortgage scams involve a cartel of inside players — colluding property appraisers, real-estate brokers and accountants willing to draw up fake … Continue reading An Interesting Twist to an Already Twisted Tale

A call to comment (our market, overbids, mortgage mania)


Calling all Realtors, bloggers, and readers in San Francisco! Share your experiences on the market in this thread. I, Alex Clark (the editor), am actually feeling chatty and have been chiming in, and would love some insight from my colleagues as well as all you readers and bloggers. Go ahead…comment. It’s actually kind of fun. … Continue reading A call to comment (our market, overbids, mortgage mania)

Point, counter point, more Sub Prime mortgage blaming


We’re not ones to only tell one side of the story (although continually blamed for it, and admitadly a bit bullish). We’re certainly not ones to always point to roses, and we’re definitely not afraid of helpful comments and good articles to keep us thinking, so keep sending them, and please discuss. At the heart … Continue reading Point, counter point, more Sub Prime mortgage blaming

DQ news: triple soft serve data?


From a reader: I think a great topic is to discuss the latest DQ News SF numbers. September was supposed to be the month where all hell broke loose for home buyers. NO JUMBO LOANS everybody screamed since the credit meltdown occurred in Aug. And yet, SF prices STILL went up 1.9%! There goes the … Continue reading DQ news: triple soft serve data?

Nobody likes a bully


So here’s a story.  In case you haven’t noticed, the weather has been pretty nice.  That usually translates into good surf.  (You out of towners {SoCal} don’t get any ideas, the surf is only marginal here.)  So I’m in the water picking up clients (my board will soon be emblazoned with Zephyr stickers so I … Continue reading Nobody likes a bully