In most areas of the world, $1,355,000 will get you a very, very nice house. In San Francisco real estate, though, all it gets you is the highest overbid for a single family home in 2013. The top overbid in absolute dollars for a single family home in San Francisco so far this year was […]
In the last few years, many consumers bought homes with low down payments and have seen a dramatic rise in their home-equity-opening the door to trade up to more a desirable homes and/or locations. Perhaps the family is expanding and or timing is right to trade up. As attractive as the concept sounds, due to […]
Some of these maps of San Francisco are pretty funny. Click for the slideshow.
We all know how deeply San Francisco rents and home prices are tied into the dot com economy. Check out this chart showing San Francisco rents versus the Nasdaq. Maybe there is something to this… Hat Tip The Atlantic.
The number of Bay Area homes sold in September fell more than what we would seasonally-expect. Prices also declined from August. DataQuick reports: Bay Area home sales dropped more than usual in September compared with August but climbed slightly above the year-ago level thanks to more robust sales above $500,000 this year. For the second […]
The Atlantic shared some interesting data comparing median incomes with median home prices in cities across the country. San Francisco’s median household income is $78,000. And, if that’s what your household earns, you can only afford to live in 14% of the properties for sale, with an average size of 1,000 square feet. This 14% […]
The inventory of homes for sale in the Bay Area appears to have officially bottomed. This October, and for the first time, Bay Area housing inventory is finally higher than it was in October 2013. Is this just a seasonal blip? Or the start of a new trend? If inventory does begin to rise back […]