Articles Filed Under: Seemingly Random

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Understatement Of The Week

Sounds all too familiar: “Lots of people are putting impressive amounts of money into their houses,” said Mark Scott of Mark IV Builders in Bethesda at a recent remodeling seminar…“They don’t have any money in the bank,” he said, but they’re not worried because they’re counting on future appreciation.... Read More »

Overstatement Of The Week

From SF Gate: “Who would have guessed the best-looking new housing complex in SF is across from the Cow Palace?” Answer: Not us. And we wouldn’t have been wrong. Kudos to the Mercy Housing California, Carter Terrace is a great addition to the neighborhood. And we applaud all the... Read More »

The Supreme Court’s In The House

Last Monday the Supreme Court squashed a long running challenge by the owners of the Hotel San Remo in North Beach concerning a $567,000 fee they were required to pay to the city in order to convert their property from rental units to hotel rooms. Having already lost legal... Read More »

Unclear On The Concept

Making money through arbitrage (e.g. flipping) is dependent on an inefficient market. Condo Flip™ is attempting to create a marketplace for builders, buyers, and sellers, in order to make transactions more efficient for the flippers. Wait a second… Read More »

Yes! Yes! No.

The title naturally caught our eye (Why You Can’t Afford a House in San Francisco), and we think the author’s analysis gets off to a strong start. But then he sputters. And falls flat. The entire premise of this article is that housing prices should be directly correlated with... Read More »

It’s A Seller’s Squirrel’s Market

Within a month of putting her two-bedroom house in San Francisco on the market recently, homeowner Linda Gao had five offers, each one above her asking price of $699,000. So before accepting the most-attractive bid, she threw in an extra condition: If you want to buy my house, you... Read More »

Freakonomics Freaks NAR

Freakonomics just moved to the top of our summertime reading list. Pointing to data that suggests that “full-service” “realtors get 3-4% more for their own houses and leave their own houses on the market 10% longer” than their clients’ properties, and suggesting that “discount” brokerages might be the way... 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 »

(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 »

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 »