Real Data SF

Case-Shiller published its closely watched indices yesterday.  Hooray! The broadest CS index shows that the rate of decline in the nation’s largest housing markets has reversed in recent months.  Now we’re only going down 16% year over year instead of 20%.
They also point out that we are now back to 2003 values, which also holds [...]

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For the quarter century (gulp!) that I’ve been involved in real estate, the conventional wisdom has always been that condo values generally do worse in down markets than homes.  Why?  To be honest, I’m not sure, but I think it’s because it’s easier to overbuild the condo market than the single family home market.  It [...]

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For the three-and-a-half readers who may have wondered what happened to me, I’ve been up in the Sierras near Yosemite with my family at the wonderful San Francisco treasure, Camp Mather, a 9 mile bike-ride from Hetch-Hetchy reservoir, where San Francisco gets its world-class water from, and about a 45 minute drive from Yosemite.
No cell-phone [...]

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