Back in the still-uncertain days of September 09, every market pundit had his or her own letter for what shape the recovery would take. I blogged about Ben Bernanke’s “U,” Liz Ann Sonders‘ “V,” and Nouriel Roubini’s “W” here. Though one could argue the jury is still out, I think it’s fair to say that [...]
Alphabet Soup Revisited: What Shape Will the Recovery Take?
April 19th, 2010 · No Comments
Tags: Economy · Loans · interest rates
What’s Better than One New Home-Buyer Tax Credit? Two.
April 17th, 2010 · 1 Comment
As if one new home buyer tax credit weren’t enough, the State of California recently re-enacted and extended the scope of its own version, originally passed in 2009. As a result, some California buyers can take advantage of both — but only if all the stars align, and only for a short period of [...]
Tags: tax
Noe Valley: The Condo/TIC market
April 1st, 2010 · No Comments
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 TICs, and more homes sold than condos and TICs put together. (What’s a TIC? — Check out [...]
Tags: Condominiums · Data · Noe Valley · Tenancy In Common · single family homes
Looking Back at 2009: Condos/TICs
February 23rd, 2010 · No Comments
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 [...]
Tags: Condominiums · Data · Market news · Tenancy In Common
Looking Back at 2009: Half-Empty or Half-Full?
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 – [...]
Tags: Data · Market news · single family homes