And Now for Something Completely Different: Real Data SF’s First Video Blogs on SF’s White Hot Condo Market

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This month we are looking at SF’s white-hot new construction condo market, but rather than doing the usual chart-heavy newsletter post, I thought I’d see whether having yours truly explaining the charts via a video blog might work better.

I’ve tried mightily to keep the videos short – in fact I’ve broken down the presentation into two separate videos of around 4 minutes each. The first one covers what’s being built and where the primary areas of development are located. You can find it here: ...  Additional Details

Real Data SF: April Newsletter Between a Rock and SF’s Rental Market

April

Being a renter is not a comfortable place to be these days. Unless you’re in a unit that’s subject to rent control, chances are you’re either already paying astronomical rents or dreading the day that your landlord informs you of a major increase.

In a “normal” market – and when is anything about SF “normal” – high rents push lots of people to buy their first homes. But with home prices so high, many are finding that they are stuck between two unappealing options. On the one hand, they can continue to fork over a lot of rent knowing they’ll see nothing for it at the end of the day. Or, if they’re lucky, they can find a modest home to buy in a neighborhood that’s a long way from being their top choice. If they’re unlucky, they’ve already been completely priced out by the run-up in home prices which, despite my January newsletter predictions, has re-ignited ferociously. ...  Additional Details

Prices Jumping Across San Francisco

The San Francisco real estate market grew increasingly frenzied as the first quarter of 2014 progressed, leading to another surge in home prices in virtually every neighborhood in the city. The high-demand/ extremely-low-inventory/ competitive-bidding situation is similar to what occurred first in spring 2012 and then, to an even higher degree, in spring 2013. After the market seemed to stabilize in the second half of last year, we didn’t expect to see it turn this fierce in early 2014, but right now it appears to be every bit as ferocious as last spring’s. Continue reading