The Story Behind San Francisco’s “Extremely Low Inventory”


(It’s not because no one is selling) Paragon Real Estate Group, April 2015 First some context: For the last 15 years, the number of MLS home sales in San Francisco has ranged from 4663 in 2009 to 7887 in 2004, with an average of 6115 per year. In 2014, MLS sales numbered 6120. Sales outside … Continue reading The Story Behind San Francisco’s “Extremely Low Inventory”

Are Overbids A Result Of Intentional Underpricing? No – It’s Competitive Pricing


It’s happened again – I did a post Friday about the week’s overbids, and the comments and emails immediately come in, “Is this because the owners are listing for under market prices to crest bidding wars?” or “Why do you always highlight overbids? Aren’t these properties underpriced to begin with?” or “These properties are selling … Continue reading Are Overbids A Result Of Intentional Underpricing? No – It’s Competitive Pricing

San Francisco… You So Bad Ass!


From the San Francisco Association of Realtors: Scarcity of Defaults Demonstrates Enduring Value of San Francisco Real Estate Of all U.S. mortgage holders, about one quarter, or 11.3 million households, is underwater, meaning they owe more than their homes are worth. In California, the percentage is even greater—35 percent. According to First American CoreLogic, the … Continue reading San Francisco… You So Bad Ass!

“San Francisco Housing Market Continues To Strengthen”


This pulled directly from the San Francisco Association of Realtors Newsletter: San Francisco’s Housing Market Continues to Strengthen Unlike Many Other Areas of the Country Falling inventory levels and strong sales activity in December, 2009, helped to drive continued improvement in San Francisco’s housing market, according to the latest Market Focus report issued jointly by … Continue reading “San Francisco Housing Market Continues To Strengthen”

Ask Us: Why The Fuss About Noe Valley?


Where readers ask, and we (the community) try to answer: The Front Steps really concentrates on Noe. I live in Noe and understand the attraction and the desirability of neighborhood but I’m not exactly sure why it is the barometer for everywhere else. Can you shed any light on this? Good question. It’s not that … Continue reading Ask Us: Why The Fuss About Noe Valley?

Who’s Yo Data!? San Francisco Real Estate Market Statistics Galore


We’re feeding your addiction: –2 years, Supply Demand Single Family Residence San Francisco –2 years, Supply Demand Condo SF –2 years, Sales Rate SFR and Condo/Loft SF –2 years, Sales Rate SFR SF –2 years, Sales Rate Condo SF –2 years, Median Price SFR and Condo SF –2 years, Median Price, SFR SF –2 years, … Continue reading Who’s Yo Data!? San Francisco Real Estate Market Statistics Galore