Britain’s June vote to exit the EU has already had an impact on the market in the US, including here in San Francisco. Mortgage rates have dropped almost a quarter of a percent, making the monthly payments on our pricey housing slightly more affordable. The result is that it will support continuing increases in sales … Continue reading San Francisco Market Report
Architecture, views, probates, penthouses, lofts, TICs, luxury homes, mortgage rates, sales prices, market cycles, and everything else we could think of in a look back on 2015. A neighborhood map of San Francisco is included at the bottom of this report for your convenience.
In case you don’t get sfnewsletter (I posted this there), here is our November 2015 San Francisco Real Estate Market Report, including 11 Custom Charts: ———————————————————— San Francisco led the Bay Area and the nation when its real estate recovery began in early 2012. Within the city itself, the more affluent neighborhoods led the rebound … Continue reading Luxury Home Segment Cools | “Affordable” Homes Market Remains Competitive
What an interesting Summer! We are still in the midst of a hot real estate market where homes are getting quickly snatched up, buyers are stretching to pay over asking. The recent stock market gyration and Chinese currency devaluation add some uncertainty to the economy, and later this month the Fed is going to tell … Continue reading San Francisco Home Prices Remain High, affordability index stays low
San Francisco House & Condo Values Which Neighborhoods Dominate Home Sales? Who Is Buying the City’s Luxury Condos and Why? September saw the largest surge of new listings coming on market in the past 2 years, which led to a big jump in deal-making, but data on transactions negotiated in September won’t be available until … Continue reading San Francisco Real Estate Third Quarter Report
First and foremost, any home purchased needs to work as a home: it fulfills your housing needs at an affordable monthly cost – ideally, a cost, after tax deductions and principal pay-down, less than or similar to that of renting the property. However, though it cannot be compared on an apples-to-apples basis to investments such … Continue reading Home Ownership as an Investment, Home Prices, Inflation, Leverage & Home Equity