Hello All, and Happy New Decade. Thank you for all the positive feedback I’ve gotten over the last year for my newsletter. It’s a labor of love and it’s nice to know it’s appreciated. I encourage everyone to post comments right on my website to keep the conversation going, but if that’s too much trouble, just email me.

Our Chief Market Analyst, Patrick Carlisle, has done a fabulous job summarizing all the data for 2019 in a set of charts that really speak for themselves, so this month I’m simply going to repost his report without further commentary. Do note, however, that I have additional charts available for any MLS District you’re interested in, so if it’s not one of the three covered in his report, just let me know and I’ll send it to you. ...  Additional Details

April Newsletter

I’ve been opining for some time that many of San Francisco’s previously overlooked neighborhoods are seeing rapid home-price appreciation as buyers are being priced out of their first and second choices. I now have data to confirm it.

When the SF market recovery began in 2012, the more affluent neighborhoods led the way in rapid home-price appreciation. This is what you’d expect to happen as the “haves” tend to see their prospects improve before the “have nots.” But starting in 2014, the more affordable neighborhoods have taken the lead. Of course, there are few places outside San Francisco where houses of $1.2 million would constitute the “affordable” segment of the market, but as median house prices in the greater Noe, Eureka & Cole Valleys area  ...  Additional Details

It’s easy to sympathize with potential buyers who are sitting the market out in the hope that … “sanity will prevail” …”…the market will stabilize…” “…prices have to come down sooner or later….” Alas, for buyers at least, our analysis indicates the contrary: 2015 looks like it’s getting off to a very strong start.

Below are key takeaways from our recent analysis of sales trends over the last few months, which include the seasonally quiet year-end holiday period, along with what we’ve been seeing since the start of the year. These preliminary statistics, and, even more so, reports “from the trenches,” suggest that we may well be looking at the fourth intense spring season since the market recovery began in early 2012. ...  Additional Details