Our Clients First: Derek Chin and Natalie Rome
Greetings All, Home. I look at my son-by-marriage…12 years old and 5’9″, already…and I wonder what memories he’ll have of the home his mom and I have created around him. Will he remember the small bedroom he first occupied, with a menagerie of stuffed animals on the window sill and posters, photos and […]
Generally speaking, after years of high appreciation rates, annual 2019 Bay Area median home prices went down a little bit, went up a little bit or basically remained unchanged as compared to 2018. SF hit new quarterly price highs in spring of 2019 (amid all the IPO excitement), but ended up the year at about […]
Greetings All, Natalie and I recently celebrated being recruited to Compass a little over three years ago, when the company made their first foray into the San Francisco housing market. As you may know, founders Robert Reffkin and Ori Allon created “Urban Compass” in 2012 to help consumers navigate the New York rental […]
When the media reports on the “Bay Area median home price,” it’s worth remembering that SF is a relatively small market compared to the big 3 counties. Appreciation in Very Expensive Markets Based on the calculations of an algorithm created to track long-term price changes, this next chart looks at percentage appreciation since 2012 in […]
Greetings All, In this month of Thanksgiving, our thoughts gravitate first to those affected by wildfires throughout the state in recent weeks. Thankfully, according to a recent article in the NY Times, t he fires “so far have been remarkably less destructive and deadly compared with the last two years, despite winds that were […]
Using six-month-rolling figures for monthly median sales prices smooths out the often meaningless monthly fluctuations to illustrate broad, long-term appreciation trends with more clarity. Home Sales Volume by Month A crystal clear illustration of the role of seasonality in the SF real estate market. Starting in November activity begins to plunge towards the mid-winter nadir. […]
Greetings All, This month, we’re happy to use as “intro”, the beautifully written words of Compass’s Chief Evangelist, Leonard Steinberg… “Does anyone ever OWN a home? Technically, yes, but in reality we are all custodians of property till the next owner comes along. The vast majority of homes are passed on […]
