Flat Home Sales in San Francisco, And What That Really Means

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Newly minted millionaires from several anticipated Initial Public Offerings are big news these days in the Bay Area, and anyone paying the least bit of attention knows why. Coupled with the recent drop in interest rates, this anticipation is adding pressure to an already undersupplied housing stock. But according to the data thus far, sales of homes in San Francisco have been flat.  By the Numbers Core Logic, a data firm in Orange County, ran the numbers for a recent report

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Real Talk – What Will Upcoming IPOs Do to the Bay Area Housing Market?

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I got a text the other day from a friend with a great question – in light of the upcoming IPOs (initial public offering) everyone keeps talking about, she asked if it would be wise to wait to put her property on the market. And she’s not alone – this is the topic du jour with our sellers, our buyers, and agent to agent. Timing the Market I’ve learned (the hard way) not to counsel people into trying to timethe market.

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Median Home Prices & Average Closing Costs in SF and Around the Nation

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Comparing median home prices here in California and around the country is a favorite pastime for many. Hey, we get it. An October 2018 housing report did all the heavy lifting, compiling both median home values and closing costs for 33 of the biggest metropolitan areas in the US. Let’s see how things stack up. Quick notes – the report used information from Zillow and Thumbtack, and while it was published in October, it used data from July of the

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San Francisco Home Prices & Demographics – Numbers to Know

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The November Case-Shiller Home Price Index for the San Francisco Metro Area was recently released, and we’re sharing some highlights. We’re including a look at the ancestry/county of origin/ethnicity in nine Bay Area counties. Pop quiz before you dive in! Any guesses about the top three nationalities among Bay Area residents? Short-Term Home Price Fluctuations Here, we see short-term changes in home prices by price tier. While lower-priced tiers appreciated faster than high-price their homes since the spring of 2016,

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