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 [...]
A Chart is Worth 1000 Words
June 23rd, 2010 · No Comments
Tags: Data · Economy · Market news · foreclosure · interest rates
Supply/Demand: Does it predict price? Maybe not.
January 25th, 2009 · 6 Comments
Now hold on there, matie! Basic economic theory says more supply than demand, prices will fall, right? Well take a look at this graph. It shows the absorption rate of single family home listings from January 2006 through December 2008 plotted against median prices (click to make it bigger):
“Absorption” is basically the number of weeks [...]
The Credit Crunch from the Other Side of the Desk
December 18th, 2008 · No Comments
I’ve written a piece as a guest-writer for The Front Steps, one of the better blogs on SF Real Estate.
After talking to loan officers and loan brokers for several weeks about the lending environment, here are the takeaways:
Have “perfect everything”: high credit score, secure job, money in the bank and documentation to prove it all.
Figure [...]
Tags: Loans