Our Clients First: Derek Chin and Natalie Rome
Greetings All, Many of you have been accustomed to receiving regular updates from us on the San Francisco real estate scene, including specific market data about your own homes and neighborhoods. We’re in a time now where just last month’s sales data may or may not carry much weight, given the current COVID-19 […]
The first thing to remember is that there is a time lag – usually 3 to 6+ weeks – between a new listing coming on market, an offer being negotiated and accepted, and when the transaction actually closes sale. This means that almost all of the sales price data we have, as of the first […]
There is a lot going on in the world right now and we won’t pretend to know how things will turn out or affect the local real estate market over the next few months. In the meantime, this report will look at the most recent data available, though the impact of the wild volatility in […]
Greetings All, It’s on everyone’s mind and all over the news. No, not the Biden-Bernie Battle. COVID-19. The Coronavirus. I’m willing to lay down money that 100% of our readers understand it has nothing to do with the beer. Leonard Steinberg, Compass’s Chief Evangelist and Corporate Broker, recently wrote the following note we felt […]
Greetings All, Well, it’s been a rather inauspicious start to the Year of the Rat – The coronavirus is the latest big health scare, worldwide, 9 lovely people including a sports hero and his daughter perished in a tragic accident, and even five minutes of televised news is enough to make one want to […]
It’s important to note that the Bay Area contains many different markets and market segments, sometimes following diverging trends in supply and demand, and home-price appreciation. Most of the materials in this report reflect overall trends for the entire region. When the data is available we’ve charted longer-term trends since they give much greater context […]
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 […]
