Articles Filed Under: Trends

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Party Like It’s 2006

The Wall Street Journal reports on a growing trend of over-the-top parties, gift bags, and celebrity attended events that are being hosted by real estate developers targeting real-estate brokers and potential buyers of high-end condominiums in New York, Florida, and Las Vegas. The growing glut of expensive condos is... Read More »

SocketSite’s San Francisco Inventory Update: 6/1/06

Based on more “back of the envelope” calculations, it appears that the inventory of listed housing inventory in San Francisco has remained relatively flat over the past two weeks (although up ~8% over the past month). In addition, the percentage of active listings that have undergone at least one... Read More »

OFHEO Reports 1.15% First Quarter Appreciation For San Francisco

OFHEO Reports 1.15% First Quarter Appreciation For San Francisco

The Office of Federal Housing Enterprise Oversight (OFHEO) released its first quarter House Price Index (HPI) and appreciation tables this morning. According to the OFHEO, “U.S. home prices were 12.54 percent higher in the first quarter of 2006 than they were one year earlier. Appreciation for the most recent... Read More »

Families Are Fleeing

Families Are Fleeing

While babies are booming in San Francisco, “school enrollment is slipping, and the city’s school-age population is sliding.” Why? Families are fleeing the city in search of larger abodes, yards, and “affordable” housing. Go figure. ∙ Lots of toddlers, fewer school-age kids in S.F. Read More »

C.A.R. Reports For April ‘06

According to the California Association of Realtors, the median price of a single-family detached home in the San Francisco Bay area is up 2.9% year-over-year while the pace of sales is down 20.2%. No real surprises when compared to the DataQuick report. ∙ Median price of a home in... Read More »

Speaking Of The Need To Differentiate

There are now 495,000 licensed real estate agents in the state of California (up 14% last year, and up 57% from five years ago). That equates to almost one agent for every 52 adults in the state. Yet another reason to diversify and differentiate… ∙ Real Estate Licensee Numbers... Read More »

SF Year-Over-Year Appreciation Now At 3.6%

SF Year-Over-Year Appreciation Now At 3.6%

Two weeks ago we made a relatively bold forecast that year-over-year home appreciation in San Francisco would dip below 6%, and could potentially drop to as low as 4% (based on April closings). Well, it looks like we were off by 0.4%. According to DataQuick, the median sales price... Read More »

Inventory Update: 5/18/06

Based on some back of the envelope calculations, we estimate that listed housing inventory in San Francisco is up over 40% since the beginning of the year and is now within a couple hundred units (or one new development) from the inventory levels of last September (levels that at... Read More »

San Francisco New-Home Sales Decline

Okay, so we overlooked it when the Wall Street Journal ran the piece last week, but we caught it when it hit the Myrtle Beach Sun News (don’t ask). And “It” is a statistic from analyst John Tomlinson at Majestic Research who tracks new-home sales in 40 major markets.... Read More »

Up Yet Down

CNNMoney reports that while the median sales price of a U.S. home is up over ten percent (10.3%) year-over-year, it dropped 3.3% during the first quarter of 2006. And based on data from the California Association of Realtors, the median sales price in the San Francisco MSA (which includes... Read More »