Hello All,
Here is the latest sales data from the San Francisco market. Over the last two weeks there were a total of 172 property sales. Interestingly, the majority of sales for single family (61%) and condos (54%) were either “over” asking or “at” asking, which indicates that sellers are pricing more realistically and buyers are [...]
The Fed cut rates again today and has indicated that this will most probably be the last rate cut for awhile.
The good news is…people with existing equity lines of credit are likely to see their interest rates drop and home owners with adjustable rate mortgages due to reset in the next few months will probably [...]
I’m not sure how motivating this chart will be to you, but it is fun to take a look at what your money can/or cannot buy in SF real estate. Please keep in mind that this is a selected list of property sales in select neighborhoods. Certainly, properties in every neighborhood vary and you can [...]
San Francisco: Last 2 weeks sales data
Over the last two weeks 4/1/08 – 4/15/08, a total of 167 properties traded in San Francisco. Contrary to what you may be hearing about depressed prices and buyer interest, the majority of single family homes (houses) sold over asking, which tells us that buyers are out there and [...]
Hi Everyone,
The woes facing our country’s economy have led a lot of naysayers to forecast doom and gloom in the real estate markets, but I feel compelled to share a recent string of articles I came across that assumes a different view:
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Playing the Housing Slump
The Wall Street Journal – March 12, 2008
http://tinyurl.com/yogaqz
“Time to invest? I [...]
