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 →
My wife likes to remind me that I always seem to think that the stock market is heading down. Though I don’t generally think of myself as a half empty kind of guy, there may be some truth to the rap.
So, what to make of a recent article in the New York Times that sees echoes of the 2000 dot-com bust in the disappointing performance of Facebook and other new-tech companies like Zynga and Groupon?
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 steer the San Francisco housing market in a positive direction.” [January 2012 Market Focus Report].
“Continue.” Now that’s reassuring.