Articles Filed Under: Real Estate Economics

(980 posts)
Broker’s Index Says…Buyers Market In Marin

Broker’s Index Says…Buyers Market In Marin

Real estate broker Nate Sumner developed The MARKET HEAT Index™ to track “the intensity of buyer competition for listed residential properties.” The Index is derived by “adding the number of closed residential sales in the prior 30 days to the number of current pending residential sales and then dividing... Read More »

Soros Speaks

Last November we called the top of the San Francisco housing market. Two months later George Soros calls the top of the US housing bubble. “Soros said he believed the U.S. housing bubble, a major factor behind strong U.S. consumption, had reached its peak and was in the process... Read More »

Ignorance Is Bliss (Until You lose Your House)

It looks like the two Davids are starting to plead ignorance with regard to the impact that investors (i.e. speculators and flippers) will have on the housing market. First David Seiders, Chief Economist for the National Association of Home Builders: “I think the biggest risk would be for investors... Read More »

Not Exactly A “Soft Landing”

Billing itself as “by far the leading Real Estate News site on the Internet” (whatever), the Realty Times analyzes Robert Campbell’s November edition of The Campbell Real Estate Timing Newsletter: In his November, 2005 edition, Campbell writes, “Creative financing can be very dangerous when the price of the asset... Read More »

Hardly A Bunch Of Hacks

Thanks to The Housing Bubble 2 for alerting us to the following: Q: PIMCO is following the U.S. housing market very closely, forming a research team and sending people around the country to observe regional markets for signs of a slowdown. What did the team have to say at... Read More »

Can You Say Speculative Bubble Froth?

“At the same time rental rates were dropping, we had housing prices totally skyrocketing”. Credit Andrew Zacks, a “San Francisco lawyer who handles Ellis Act evictions and other land use cases” with that comment. A comment that points to a market driven by speculative froth rather than sound investing... Read More »

2006 California Housing Forecasts

Economic forecasts for 2006 are hitting the wire. With respect to 2006 housing prices, Wells Fargo is forecasting a 5.7% increase for Northern California, while FORTUNE is forecasting an anemic .1% growth for San Francisco in 2006 (-2.9% in 2007). From FORTUNE: Nationally, the overall outlook seems reasonable: 7... Read More »

UCLA Anderson’s California Economic Forecast

The Chronicle highlights the most recent UCLA Anderson Forecast: 1. Slower job growth but no recession 2. Home prices flatten but don’t plunge 3. A change at the Fed adds to uncertainty ∙ Sluggish growth seen for state; Experts say real estate boom will cool Read More »

Yes, Yes, No!

Here we were, just about to close the office early and start getting ready for the Hayes Valley Holiday Block Party, when a story from The Bakersfield Californian lands in our inbox with a thud… When house prices plummeted in the early 1990s, especially in Southern California, there was... Read More »

The “Rogue” Sales Report

According to the Commerce Department, US new homes (as opposed to existing homes) sold at an annual rate of 1.42 million in October, up from a revised 1.26 million pace in September; a 13 percent increase and the biggest jump since April 1993 (and sales in the West showed... Read More »