Posts Tagged ‘decline’

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Zeroing in on the decline…

February 12, 2009

In case you hadn’t figured it out yet, we spend a lot of time building and looking at spreadsheets over here at InsideSFRealEstate.  We’re constantly looking at ways of improving our analysis in our search for truth.  A criticism we have of our own analysis is always looking at things on an annual scale.  Generally, this is okay.  But 2008 was a weird year.  Very weird… particularly the last quarter.

Did we see evidence of a dive at the end of 2008?

How bad was the dive at the end of 2008?

For this reason, we decided to break Q4 off from the rest of the year and compare it to Q4′s of years past.  We felt that this might give us more insight into just how dramatic the end of ’08 really was.  And oh boy, did we discover a dive! Read the rest of this entry ?

Posted in Macro-Level Info, Nerdy RE Analysis | Tagged , , , , , , , , , , | Leave a Comment »

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Have prices come down in San Francisco?

January 10, 2009

It’s the ultimate question, and we get asked almost daily.  I’ve actually been asked so many times that I have unintentionally developed a canned response, explaining how San Francisco is comprised of many different micro-markets and they all behave differently.  What’s going on in South Beach isn’t what’s going on in the Sunset, ya dig?

Time to gain some perspective on the market

Time to gain some perspective on the market

However, zooming out and looking at the City as a whole, we wanted to provide an answer to this broad question by looking at 14-year median value trends for all different property types (single family homes, condominiums, TICs, and lofts).  Stock Cooperatives were left out because there were not enough data points to be particularly useful in the analysis.  For single family homes and condos, there were thousands of data points, and for lofts and TICs, there were hundreds.  So we have confidence in these medians.  All data comes from the MLS so it represents open market transactions only (this is a good thing) and the resale market only (meaning it leaves out most new development sales, which is okay because if you’re an owner, the resale market should be what you’re concerned with anyway).

Now for the answer:  Have prices come down in San Francisco? Read the rest of this entry ?

Posted in Home Buying, Home Selling, Macro-Level Info, Nerdy RE Analysis, Tips | Tagged , , , , , , , , , , , , , , | Leave a Comment »

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