Entries Tagged as 'Market news'
Back from vacation, and ready to blog and roll!
I’m currently working with a couple of clients looking for homes in the Potrero Hill District. Here, we’re talking specifically about subdistrict 9.E under San Francisco’s MLS (Multiple Listing Service).
It’s an area that roughly sits between I-280 and I-101, with Cesar Chavez at its the south end [...]
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Tags: Market news · potrero hill
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 development project up in Windsor, north of Santa Rosa, and all my blogging came to [...]
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Tags: Data · Economy · Market news · foreclosure · interest rates
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 rate of decline “improved.” Basically, we are back to where housing values were a year [...]
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Tags: Data · Economy · Market news
Back in May 2009, I showed that Noe Valley was not immune from the slump in prices affecting the rest of the city, despite suggestions to the contrary from real estate agents, mavens and media.
Have things gotten any better? Well, no. And maybe.
Here’s a chart showing percentage change in single family home prices for the [...]
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Tags: Market news · Noe Valley
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 hit their all-time highs about a year later than homes did — in July 2008. But [...]
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Tags: Condominiums · Data · Market news · Tenancy In Common
February 5th, 2010 · 3 Comments
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 the brink of catastrophe we seemed to be just a year ago. Major financial institutions – [...]
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Tags: Data · Market news · single family homes
January 19th, 2010 · 2 Comments
Catching up on the endless paper-work the other night, I came across that rare thing: a property that sells twice in a relatively short time with no major renovations performed in the interim.
This “sales matching” technique is what the folks at Case-Shiller use to create their Indexes of property values across the country. Part of [...]
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Tags: Data · Market news · Noe Valley
January 11th, 2010 · 2 Comments
The View from Space – 2010
Ken Rosen is a smart guy. He’s the co-chair of the Fisher Center of Real Estate and Urban Economics at the Haas School of Business at UC Berkeley and the investment adviser of choice to some of the biggest players in real estate, from banks to insurance companies to REITS. [...]
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Tags: Economy · Market news
November 29th, 2009 · 1 Comment
George may have left office a year ago, but there appears to be a growing consensus that the likely shape of the recovery will be a “W.” How appropriate, if you believe that we are reaping the bitter fruit of his administration’s policies.
A front page article in the Business Section of last Wednesday’s New York [...]
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Tags: Economy · Market news
The National Association of Realtors (NAR) reported yesterday that existing home sales in October rose to their highest level in more than two years. Nationally, sales were up 10.1% over September and up 23.5% year over year.
Most of the increase in sales, however, was not in the western region, where sales were only up 1.6% [...]
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Tags: Economy · Market news