The market usually does slow down at least a little in mid-summer – a question has come up: is this possible slowdown caused by listing agents continually pushing the envelope on pricing for new listings or pricing to the last, … Continue reading →
Case-Shiller Home Price Index Up Again in May
Note: Case-Shiller Home Price Indices for “San Francisco” are for a 5-county area, of which the city’s housing market is a very small part. Since they are published 2 months after the month of the Index, are 3-month rolling averages, … Continue reading →
Real Data SF – July 2013 Newsletter: Of Bubbles and Froth
The other day I was talking to a business-savvy fellow who has been looking to get into the real estate market since 2009. Back then, he recounted, everyone thought he was crazy to want to buy something. Ultimately he didn’t. Recently I introduced him to some clients of mine who were looking to partner up with someone on a “fixer” project. Surveying the $1 million prices “fixers” seem to be going for, he used the words “bubble” and “frothy” to describe what’s going on in SF right now. ...
Case-Shiller: Different Bubbles, Different Accelerating Recoveries
Note: Case-Shiller Home Price Indices for “San Francisco” are for a 5-county area, of which the city’s housing market is a very small part. Since they are published 2 months after the month of the Index, are 3-month rolling averages, … Continue reading →
The Economist on Bubbles — Neat Interactive Chart Feature
The Economist has a good article (about the US real estate market not being in a bubble) and created a terrific interactive graph that allows you, by metro area (you have to click on San Francisco to add it to … Continue reading →
New Case-Shiller Index Report
The Case-Shiller Index for March just came out and showed a big jump, just beginning to reflect the surge in appreciation we’ve been experiencing in 2013. (January and February Index readings mostly reflect sales in late 2012.) The March reading … Continue reading →
February Case-Shiller Report Released
The small decline in the Index reading from December 2012 to January/February 2013 is due to seasonal market factors, not a decline in values, and occurs every year. Generally speaking, January and February sales reflect offers accepted in the holiday … Continue reading →
January Case-Shiller Index Released
The just released Case-Shiller Index reading for January for the high-tier price segment of the 5-county San Francisco Metro Statistical Area declined slightly from December. This reflects seasonal market issues, not a decline in values, and it occurs every year … Continue reading →