Where do you think the market went in 2011? Come on. Take a guess. If you believe my own SF Association of Realtors “stronger affordability conditions, a lower cost of owning versus renting, and declining foreclosures, continue to … Continue reading
In my last post, I included a chart that showed both single family homes and condos stuck in relatively narrow price ranges over the last 18 months or so. At the end of 2010 the median price of a single … Continue reading
Real estate lore holds that if the market for single-family homes is doing badly, the condominium market will be doing worse. But what about San Francisco, which is the textbook case of a supply-constrained market with high barriers to entry? … Continue reading
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Say you want to spend around a million bucks to buy a house. Wouldn’t it be useful to know how much houses typically go for per square foot in that price range? Then you could take the square footage of … Continue reading
My last post was about the fact that Noe Valley median home prices are still down 30% from their all time highs despite a smart recovery in median home prices city-wide. This, despite my sense that there seem to have … Continue reading
Back from vacation, and ready to blog and roll! I’m currently working with a couple of clients looking for homes in the Potrero Hill District. Here, we’re talking specifically about subdistrict 9.E under San Francisco’s MLS (Multiple Listing Service). It’s … Continue reading
Back in May 2009, I showed that Noe Valley was not immune from the slump in prices affecting the rest of the city, despite suggestions to the contrary from real estate agents, mavens and media. Have things gotten any better? … Continue reading
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 … Continue reading
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
…or so proclaims my venerable data-crunching guy at the REreport. All the data is available and updated monthly under my “Market Trends” tab, organized by MLS District, or city-wide, annual or monthly, single family or condo — it’s all available … Continue reading
