Don’t you think this is interesting in what the price per square foot is for buildings based on what year they were built in San Francisco?
Oil, Europe, China, the High-Tech Boom & San Francisco Bay Area Real Estate From a talk given by CEO Robert Dadurka to Paragon agents on October 7, 2015 Current events happening in different parts of world and in different markets are impacting our local economy here in the Bay Area. Let’s take a look at […]
September is almost always the month with the largest number of new home listings in San Francisco: The number of new listings hitting the market in September 2014 was 15% higher than the #2 month (May 2014) over the past 21 months. [See chart below] Because Labor Day is so late this year, September only […]
The CAR Housing Affordability Index measures the percentage of households within a given California county that can purchase a median priced house. All Bay Area Counties’ affordability percentages declined in Q2 2015, and San Francisco is only 2 percentage points above its historic low, last reached in Q3 2007.
Bay Area Case-Shiller Index readings bumped up across the board in May 2015, as delineated in the reports released recently. Last year after its own torrid spring selling season, prices basically plateaued from May through December 2014, before soaring again in early 2015 (see first chart below). We shall see if that happens again through […]
The new March Case-Shiller Home Price Index for the Bay Area counties of SF, Marin, San Mateo, Alameda and Contra Costa, released recently, reflect another overheated spring market. All home price tiers saw significant spikes, but the high-price-tier in particular saw a big jump. Since the March Index is a 3-month rolling average and the […]
The new February Case-Shiller Home Price Index reports for the Bay Area, released today, reflect what appears to be the very beginning of another strong spring market. All home price tiers saw spikes to either their highest points since 2007 (low and mid-price tiers), or their highest point ever (high-price tier). What we are seeing […]