In my last post, I included a chart that showed both single family homes and condos stuck in relatively narrow price ranges over the last 18 months or so. At the end of 2010 the median price of a single … Continue reading
Real estate lore holds that if the market for single-family homes is doing badly, the condominium market will be doing worse. But what about San Francisco, which is the textbook case of a supply-constrained market with high barriers to entry? … Continue reading
Given the amount of bad news coming out of the housing market these days, you’d think that San Francisco condo and TIC owners would be celebrating the fact that values increased 4.5% in 2010. If no one feels like popping … Continue reading
Avid readers of this blog will recall that I hastily pulled my last attempt to post on this subject because of some errors in the data. Horrors. The errors caused 2010 to look like a much stronger year in terms … Continue reading
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Say you want to spend around a million bucks to buy a house. Wouldn’t it be useful to know how much houses typically go for per square foot in that price range? Then you could take the square footage of … Continue reading
A couple of months ago (gasp!) I promised to post my favorite charts from the UC Berkeley Fisher School of Real Estate and Urban Economics’ symposium on the state of the market. I then got swamped working on my own … Continue reading
Last week, Case-Shiller released January data for its closely watched national housing index. Nationally, things are looking up – well, make that flat. And that’s good news. In the wonderfully backward language of the report, the index’s year over year … Continue reading
At long last, here’s the promised data on Noe Valley condos and TIC’s. First, a look back (in anger?) at the make-up of Noe Valley sales in 2009. Note that there were more than twice as many condos sold as … Continue reading
Pretty much everything I said about how single family homes fared in 2009 also applies to the condo/TIC market. (TIC’s, aka Tenancy In Commons are similar to condos. For more information on TICs, see my three-part series starting here.) Condo/TICs … Continue reading
Less than two months into the new year and a brand new decade and already 2009 may seem as far away as a bad dream – assuming you still have a job. It’s hard to remember just how close to … Continue reading
