You Are Here (A)

You Are Here (A)

Eric Jansen of Trident Capital waxes poetic on his “Seven Steps” in the boom-bust cycle of housing (not to be confused with the deadly sins or highly effective habits). Although it’s a bit dire, it’s well written and worth a read regardless of your bubble philosophy. And we just... Read More »

Mixed Messages

A reader just forwarded a newsletter from her local Realtor®: Sales are up!…blah, blah, blah…supply is tight!…blah, blah, blah…the market is strong!…blah, blah, blah…but “t may be a good time to re-evaluate your home as one of your best investments.” Wait a second… Read More »

Mining Urban Ore

Inspired by ScrapHouse? Feeling green and eco-conscious? Looking for a vintage fixture? Or simply looking to complete that remodeling job on a budget? Make a trip to Urban Ore in Berkeley. Two acres of reclaimed and recycled fixtures and building materials that are kind to the environment (as well... Read More »

Live Like A Rockstar

Live Like A Rockstar

Third Eye Blind front man Stephen Jenkins’ Pacific Heights mini-manse (which he describes as having “European sophistication, but American proportions”) is on the market for a cool $3.75m. And apparently animal hides are all the rage. · Listing: 2440 Scott Street Read More »

(No)HousingBubble.com Smackdown Dust Settles

It’s official, and the bubblemongers have loudly spoken. HousingBubble.com outsold NoHousingBubble.com by a margin of $2,250 $2,225! (and yes, HousingBubble.com sold for $2,250 $2,225 so you do the math) We’re feeling a bit foolish for investing that $9.49 on the domain registration and eBay listing fees. It’s not an... Read More »

Reduced! At 199 New Montgomery

It’s only been a few months since a bidding war left 199 New Montgomery “sold out” and at least seven units are back on the market (i.e. being flipped). In the current market it wouldn’t really catch our attention except that at least one unit (#506) is already being... Read More »

HousingBubble Market Lacks Froth

After three bids, the HousingBubble.com domain name sold for $2,225 (slightly below the sellers “buy it now” price of $250,000). Apparently there’s not much “froth” in the HousingBubble domain name market. Only seven hours left in the NoHousingBubble.com auction… Read More »

30,067 Fewer Home Buyers

According to the California Association of Realtors, only 8% of San Francisco households can currently afford to buy a median-priced home in the city. That’s down from 12% in April of last year. · Housing Affordability Index falls three points to 17 percent in April Read More »

Update: Bubble Domain Smackdown

Realty Baron coined the phrase, we just borrowed stole it. In any case, here’s the auction update: HousingBubble.com: one day left and only one bid of $1,000 (but over 900 gawkers and a couple of “encouraging” comments which kind of freak weird us out) NoHousingBubble.com: no bids, zip, zilch,... Read More »

Greenspan Speaks

Although we don’t always listen to, or agree with, Chairman Alan Greenspan, one part of his recent testimony definitely caught our eye. The dramatic increase in the prevalence of interest-only loans, as well as the introduction of other relatively exotic forms of adjustable-rate mortgages, are developments of particular concern.... Read More »