Bay Area Real Estate Trends

Some recurring questions in the residential real estate story are, “How far along are we? When will the housing market be “normal” again?”  Well, we could debate the meaning of  “normal” forever and a day, but one way to add to our knowledge is to estimate how many mortgages are yet to default, or homes [...]

Courtesy of Trulia:   50% Singles VS 50% Couples Where are the singles? In the San Francisco metro area specifically (which just includes the city and the peninsula aka San Francisco-San Mateo-Redwood City), we found the biggest concentration on non-couples in the Tenderloin (94102). But when we looked across the Bay Bridge, we saw an even bigger [...]

There’s just not as much happening out there as there used to be. In January, there were 24 just homes sold in Danville. For comparison, take a look at January homes sales from previous years:

Bottom-pickers have smelly fingers. Ever since the first local home price declines of 2006, there have been groups calling the bottom. Realtors, mortgage brokers, home builders, and various economists crawl out of the woodwork each Spring to announce that home prices are about to start going up. Their logic is always flawed, their data too [...]

Browsing through the MLS this morning, I found six homes that, if I had a million-ish dollars to spend, I would want to check out. Check out what I found in Danville, Piedmont, Crocker Highlands, San Ramon, and Orinda. Let me know if you would like more pictures or information on any of these. 62 [...]

From the San Francisco Fed: To assist local efforts to prevent foreclosures and mitigate the impact of foreclosures on neighborhoods, the Community Development Department has prepared a series of presentations and maps detailing local data on delinquency and foreclosure trends in the subprime market. They offer several slides with captions that California home prices are [...]