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Monthly Archives: July 2009
Case Shiller Chimes in With Good News: US Down only 17%!
Case-Shiller published its closely watched indices yesterday. Hooray! The broadest CS index shows that the rate of decline in the nation’s largest housing markets has reversed in recent months. Now we’re only going down 16% year over year instead of … Continue reading
Surprise! Condos are Holding Up Better Than Homes
For the quarter century (gulp!) that I’ve been involved in real estate, the conventional wisdom has always been that condo values generally do worse in down markets than homes. Why? To be honest, I’m not sure, but I think it’s … Continue reading
Posted in Condominiums, Data, Market news
Tagged Charts, Condominiums, Data, DOM, Economy, Market, San Francisco, single family homes
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Went Fishing
For the three-and-a-half readers who may have wondered what happened to me, I’ve been up in the Sierras near Yosemite with my family at the wonderful San Francisco treasure, Camp Mather, a 9 mile bike-ride from Hetch-Hetchy reservoir, where San … Continue reading