New U.S. Census data was released in early December, which allows us to look at a wide variety of data from a number of different sources.
Read MoreThough the pandemic upended many normal seasonal trends this year, the market did begin its typical “holiday season” slowdown in November. However, activity remained well above levels of last year.
Read MoreIndicators are a great source of knowledge and insight to the future, and right now we are confronted with several touch-points that are important to note as we anticipate what might happen in 2021.
Read MoreInventory is up—but so are price reductions. And the gap between single family homes and condos continues to spread.
Read MoreInventory is up, putting downward pressure on prices, particularly in the condo market. Could this be the time to get in the game?
Read MoreDespite the ongoing health and economic crisis precipitated by COVID-19, the SF real estate market made a large recovery from the steep declines in March and April. The SF median house price hit a new monthly high in June ($1,800,000), and high-end houses, in particular, have seen very strong demand.
Read MoreSupply & demand statistics, median sales price trends, sales and values by city district, the luxury home market, and the ongoing effects of COVID-19.
Read MoreMarket activity begins to tick up after severe shelter-in-place plunge. Median home sales prices are up. Interest rates hit new low.
Read MoreTypically, the standard market indicators all climb steadily from the mid-winter slowdown until peaking in late spring. Not so since Shelter in Place came into effect.
Read MoreI wanted to give you a realtor’s-eye view on what’s happening here and now, anecdotally.
Read MoreTypically, the spring selling season is the most active of the year, but with all that’s going on in the world with market volatility and coronavirus right now, much remains to be seen.
Read MoreThis month we have a whole-Bay Area market report. This is useful to put San Francisco in context with other Bay Area communities, and particularly useful if you are considering looking outside San Francisco.
Read MoreLately I’ve had a couple clients who have turned their attention to Sacramento. It’s not hard to see why. The Bay Area is, simply, expensive, and our state’s capital is an attractive alternative.
Read MoreFor 2020, economist Ken Rosen at UC Berkeley has said he expects the Bay Area median price to remain basically flat, within a general range of up or down 2% - in other words, similar to what happened last year.
Read MoreBuying income property in San Francisco can be a good investment alternative to a single residence. Generally, multi-unit buildings come in at a lower price per square foot, and of course also can generate passive income.
Read MoreAs is expected, we saw a spike in new listings in September, flooding the market. Anecdotally, I think buyers were fatigued by the market as well as world events, and simply didn’t show up. Consequently, properties sat on the market, and we saw a higher than usual rate of price reductions in October.
Read MoreIt'll be a while before we really see how the market behaved this fall, but anecdotally, I can say that there were some significant shifts. Listings seemed to sit on the market longer, and properties went for less stratospheric prices than we've seen previously.
Read MoreIt will be another month before hard data on the autumn selling season begins to become available. In the meantime, below is a review of market trends and statistics through the third quarter.
Read MoreIn this month’s report, we look at neighborhood house & condo prices, short-term & long-term appreciation trends, and population migration in & out of San Francisco.
Read MoreHigh stock markets, low interest rates, surging luxury home sales, limited inventory, a spring full of unicorn IPOs, and San Francisco - once again -hits new highs in median home sales prices.
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