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 [...]
Looking Back at 2009: Condos/TICs
February 23rd, 2010 · No Comments
Tags: Condominiums · Data · Market news · Tenancy In Common
The View From Space: 2010
January 11th, 2010 · 1 Comment
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. [...]
Tags: Economy · Market news
Noe Valley Goes Down
May 5th, 2009 · 2 Comments
Noe Valley’s been my home since 1991 so I’ll admit that I track it with more attention than other neighborhoods. For quite a few years now it’s also had a reputation for maintaining home values even as the rest of the city stumbles. The question is whether that’s still true.
Back when I bought my two-unit [...]
Tags: Data · Market news
Are San Francisco Home Values Rotten to the “Core”?
April 14th, 2009 · 2 Comments
Not long ago I did a guest post at The Front Steps in which I showed that city-wide home prices had fallen back to November 2003 levels. Here’s the chart.
That prompted some discussion about whether the results would be different if you excluded home sales in some of San Francisco’s outlying areas, such as the [...]
Tags: Data · Market news
SF Home Prices at 2003 Levels
March 6th, 2009 · 1 Comment
Sorry, folks, but it’s that bad — or good, depending on your perspective.
I tracked average and median prices going back to 2000 for the ten combined MLS districts that comprise the San Francisco Multiple Listing Service — the big database that realtors use to list properties and record sales information . (The MLS District Map [...]
Tags: Data · Market news
January Data Sings the Blues
February 17th, 2009 · No Comments
Here’s the latest sales data broken down by MLS District. Full reports are available here under the Market Trends Tab and are well worth a look.
Median and Average prices are down substantially year over year for single family homes in all districts except District 7 (“North”, which includes top-shelf enclaves like Pacific Heights and the [...]
Tags: Data · Market news
DOM Roll Please
February 6th, 2009 · 2 Comments
A couple of posts ago, we dispensed with Absorption Rate as a good barometer of the market since there appeared to be no correlation between how much inventory was available in relation to sales rates and where median prices were going. I asked whether there might be a different metric that would correlate better, like [...]
Tags: Data · Market news