“Why It’s Time To Buy Back in June 2006, when the housing market peaked, the prospect of a five-year national housing bust seemed unimaginable to most people. And yet here we are, with the latest Standard & Poor’s Case-Shiller index showing that prices hit new bear-market lows, falling back to 2002 levels nationally and to [...]
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Is It Strengthening or Declining? Some of our readers have been understandably confused between the bad news reported elsewhere and our recent reports of a strengthening market in San Francisco. Besides the possibility of specific agendas, there are some legitimate reasons behind the apparent disconnect: Much of the data reported elsewhere, such as the Case-Shiller [...]
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Tech jobs near all-time highs, fuel office-space boom PriceWaterhouseCoopers: S.F. an opportunity leader “Actually, it’s the third-most opportunity-rich city in the world, according to PricewaterhouseCoopers, the global accountancy and business consulting firm….Analyzing data from 26 world cities – “all capitals of finance, commerce and culture” – San Francisco ranks just behind New York and Toronto, [...]
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Distress home sales – bank-owned properties and short sales – have a major impact on the overall median sales price in San Francisco, even though the city is much less impacted by such sales than the greater Bay Area or California. In actual numbers and as a percentage of sales, distress sales have been increasing [...]
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“As the cold temperatures become a distant memory, and the spring selling season gains momentum, consumers have come to agree on one thing—now’s a good time to get off the fence and into the real estate market. This is the overall theme in the latest American Express Spending and Saving Tracker survey, a monthly survey [...]
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Pending sales activity in the San Francisco housing market jumped 22 percent from November 2009 to 2010, according to the latest Market Focus report, published jointly by the Rosen Consulting Group and the San Francisco Association of REALTORS®.
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San Francisco City Overview Alamo Square Anza Vista Bayview Bayview Heightsv Bernal Heights Buena Vista Park Central Waterfront Clarendon Heights Cole Valley Corona Heights Cow Hollow Crocker Amazon Diamond Heights Dolores Heights Downtown Duboce Triangle Eureka Valley Excelsior Forest Hill Forest Hill Extension Forest Knolls Glen Park Golden Gate Heights Haight Ashbury Hayes Valley Ingleside [...]
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Despite mostly negative reports from other parts of the country, the San Francisco home market has performed relatively well since the autumn market began after Labor Day. Indeed, the number of listings accepting offers in November was well above last year’s and the median home price is at its highest since the April tax-credit crush. [...]
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Current Active REO listings for all districts except 3 & 10 (there are another 41 REO listings in 3 & 10). Besides the REOs listed below, there are 118 known Active short sale listings in the 8 districts. (Click to enlarge)
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Buyer demand has been strong since the autumn sales season began in mid-September. Overall median home prices continue to remain stable – as they have for the past 12-16 months – jogging up and down within a narrow band of value. Inventory is about 12% higher than 1 year ago, but Months’ Supply of Inventory [...]
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