SF Real Estate Experts
Neighborhood House & Condo Prices; Short-Term & Long-Term Appreciation Trends; Population Migration In & Out of the City. After the heat of the spring market, activity typically slows down markedly in July and August. In September, listings start pouring on the market again to fuel the relatively short autumn selling season – in fact, September…
Dear Friends, Happy August! With half of the year already over, we can’t believe Fall season is almost around the corner — where has the year gone?? That being said, if you’re thinking of buying, we have a variety of beautiful new listings hitting the market in all different price points and neighborhoods —…
Sales & Values by District and Price Segment, Special Circumstance Sales, Market Seasonality, the Luxury Home Market & Foreign Buyers. The May Case-Shiller Home Price Index was released in late July for the 5-county SF metro area. This chart illustrates the difference in appreciation rates between the Bay Area (higher price markets) and the entire…
Dear Friends, We hope you all had a splendid holiday and are enjoying time with family, friends and are able to catch a glimpse of the ever elusive San Francisco sunshine. As the rush of the Spring selling season settles, we have found time to catch up with dear friends and round up…
High 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. July 2019 Update After 2 quarters of no or negative year-over-year home price appreciation, a confluence of positive economic factors sent San Francisco…
Dear Friends, DID YOU KNOW? Listings that include the keyword steam oven sell for 34 percent over the expected sales price nationwide, with “pizza oven” and “wine cellar” being particularly popular keywords among San Francisco listings. Looks like we have some hungry buyers!! In other real estate related news, we are so fortunate to have been selected…
Below is a look at the past 30+ years of San Francisco Bay Area real estate boom and bust cycles. Financial-market cycles have been around for hundreds of years, from the Dutch tulip mania of the 1600’s through today’s speculative frenzy in digital-currencies. While future cycles will vary in their details, the causes, effects and…
High-demand/low-inventory spring market brings median home sales prices bouncing back to 2018 peaks. San Francisco luxury home sales hit new monthly high. Median Home Sales Prices We consider 3-month rolling median sales prices to be more reliable than single month figures, which are much more prone to less meaningful fluctuations. Both houses and condos are basically…
With April’s end, we now have 2 months of spring season data unaffected by the end of 2018, when financial markets plunged. As of early May 2019, stock markets have recovered to hit new highs, interest rates are far lower than last year’s peak, and our local, unicorn IPOs have begun to roll out after…
The first quarter of 2019 has come and gone, and not without causing a dramatic stir and shift in the market. With big IPO’s looming, interest rates dropping to the largest 1 week decline in 10 years, and stock prices reaching the biggest Q1 jump in 20 years, there are many critical factors…
A substantial portion of Q1 statistics reflect new listings and accepted offers occurring during the mid-winter market doldrums (Thanksgiving to mid-January). In November and December 2018, the stock market plunged drastically from its all-time high in September, and interest rates hit their highest point in years: these factors negatively affected buyer demand. Then both turned…
Spring is here!! Besides the dreaded “springing forward” of daylight savings and the least anticipated seasonal cleaning, the Spring real estate market has just begun and is something to watch in the coming months if you are looking to buy or sell your home! Since the recovery began in 2012, Spring has typically been…
Spring 2018 was one of the hottest markets in SF and the Bay Area in the last 2 decades. Then the market began to cool in summer and autumn – demand, sales and appreciation rates generally dropping, while supply and price reductions increased – before the mid-winter doldrums took hold. The magnitude of these changes…
As of early February, the government shutdown is over – at least for a little while – the stock market has recovered dramatically from its late 2018 plunge, and interest rates are well down from November highs. A good number of large, local, high-tech “unicorns” continue to plan IPOs in 2019. All these are positive…
There were almost too many local, national and international political, economic, social and ecological factors impacting the 2018 market to count. In the first half of the year, market conditions were about as hot as they’ve ever been, and there were staggering year-over-year appreciation rates. Come summer/early autumn, real estate and financial markets began to…