Misha Weidman is back and he brings us this little nugget (also posted on his site): …and this quote to go along with it: Until June 2008, condo and home prices were in lock-step in terms of price appreciation and decline. Thereafter, homes fell first and further. In March 2009, the delta between condos and … Continue reading Condominium Versus Single Family Homes (The Data)
Not a whole lot of inventory has hit the market this week. A quick glance at the MLS today shows 43 new SFR (single family residence) listings. Of them, two are in the Sunset, three in the Excelsior, two in Crocker Amazon, two in Portola, and one in Bayview. All of the other new SFR … Continue reading The doldrums
Lots of chatter (as usual) on one particular local blog regarding the continued decline of real estate, and the world for that matter. (We get it, we really do. At least they’ve chosen to beat white elephants now along with their dead horses.) What we’d like to show you is something that is still happening, … Continue reading Comparing A Fuji To A Macintosh (We Ain’t Talking Electronics)
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 … Continue reading Labor Day is over…now what?
In case you missed it, or aren’t yet receiving it, sfnewsletter put out their weekly market update on Friday. Here it is: “Charts, Data, Trends Just when you thought we’ve run out of ways to describe to you what is happening in this market, we come up with a lesson on the Intertropical Convergence Zone … Continue reading Market Update from sfnewsletter
Even if the market has cooled, and properties are seeing price reductions, they are still selling. There is a technique to employ that usually leads to the same outcome: Reduce, and Sell, and we might add, don’t panic. Case in point, 411 Banks, a two bed, one bath, 1600 square foot single family home in … Continue reading Reduce and Sell, Reduce and Sell (411 Banks in Bernal)
“Bay Area’s housing prices buck national trend, Median cost is up 6.6%, driven by strong upscale market, but number of homes sold is down 20%” (source: SFGate) “-The Bay Area appears to be shaking off the nation’s housing doldrums. Local home prices are still going through the roof, even though far fewer properties are changing … Continue reading Is What We’ve Been Saying for Months Finally Catching On?
Ever wish you could see the Bridge from here? Surprisingly every October when these things buzz our town, a lot of people complain of the noise, the rattling windows, and the deafening roar. But we love it! It usually means our Indian Summer is here, which is a great time to sell and list property. The … Continue reading A reason we live here, and a good time to sell