The Luxury is in the Details
Cash is everywhere in San Francisco these days, and it changes the market for all buyers, even those that are getting financing. I've written elsewhere about how cash changes everything for everyone. While I've heard (and seen) plenty of anecdotal evidence that cash is indeed everywhere, I wanted to see if I could somehow quantify exactly how much cash is currently in the San Francisco real estate market. The above pie-chart is based on data from the San Francisco … [Read more...]
According to the fine folks at Société Générale, the US housing market is on it's way up, up, and up. Which is excellent news after several rather painful years (which I'm sure I don't need to recount in excruciating detail for you) for condo owners and sellers. It is not secret that the San Francisco condo market has been on fire as of late, and I'm not surprised to hear that the national picture has finally shown strong and convincing evidence that it is on the … [Read more...]
What are the January 2013 real estate market stats for the Dogpatch/Central Waterfront neighborhood - home to buildings like Esprit Park? Watch the market video below for all of the details on January 2013 Dogpatch Market Stats (aka Central Waterfront): Here are some highlights: Active listings was down 77% year over year, down 40% month over month Median listing price was just under $750,000 Median sales price was just north of $800,000 Number of homes … [Read more...]
How did the Yerba Buena neighborhood - homes to buildings like The Millennium, St. Regis, and the Four Seasons - do in January? Watch the market video below for all of the details on January 2013 Yerba Buena Market Stats: Here are some highlights: Active listings were down 56%, year over year, unchanged month over month. Median listing price was just north of $850,000 Days on Market was down 47% from 88 days to 46 days Median sales price was just north of … [Read more...]