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Monthly Archives: November 2009
A Faltering Housing Market?
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 … Continue reading
Continued Improvement in the Housing Market or Borrowing from the Future?
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 … Continue reading
TICs, San Francisco’s Involuntary Reflex — Part 3: The Condo Premium Per Square Foot? Or not…
Last post, we determined that the current difference between the average (annual) price of a condo and that of a TIC is $86,000, down from a high of $124,364 in 2006. (That’s a 30%+ drop, by the way.) Here’s the … Continue reading
Posted in Condominiums, Data, Tenancy In Common
Tagged Charts, Condominiums, Data, statistics, TICs
3 Comments
TICs, San Francisco’s Involuntary Reflex: Part 2 — The Data
There are weeks when I look through the new listings on the MLS (Multiple Listing Service) and it seems like there are more TICs for sale than condominiums. Turns out, this just isn’t true. Here’s a chart showing relative sales … Continue reading
Posted in Condominiums, Data, Tenancy In Common
Tagged Charts, Condominiums, Data, medians, Tenancy In Common, TICs
3 Comments
TICs, San Francisco’s Involuntary Reflex: Part 1
Inconvenient and Ugly A tic is an involuntary and habitual muscle spasm, frequently in the face. If you live in San Francisco, a TIC is also what many people end up with when they buy a flat in one of … Continue reading