February 25, 2020
If you wish to understand how the Case-Shiller Index works, you must read the first page of the attached report. (All numbers refer to a January 2000 home price of "100." A reading of 250 indicates a home price 150% above that of January 2000.) Case-Shiller uses a proprietary algorithm, not median sales prices, to calculate home price changes.
February 20, 2020
Understanding San Francisco's real estate requires diving into the ten district and subdistrict data. Arriving an average price of a home in the City is about as useful as is a weather report for the entire United States. Check out the information that you need to make informed choices.
February 18, 2020
February 11, 2020
My February newsletter for all Bay Area markets is our semi-annual Bay Area Markets Survey. (January is the lowest sales month of the year, and its sales mostly reflect deals made during the December holiday doldrums. Its statistics are typically unreliable for assessing meaningful market conditions or trends.) This report is historically one of the most popular on our reports website, as it covers macro-angles on the market no other brokerage does.
January 29, 2020
While overpricing almost always has negative ramifications for sellers (lower sales prices than if priced correctly, to begin with),it can provide opportunities for buyers who carefully track price reductions and react accordingly. Such buyers will typically face less competition....