This is a look at what’s going on in the housing market from a different angle – lender mortgage applications — than our usual market statistics: AP Article: “Reports point to recovering housing market” “Earnings reports from two major banks … Continue reading →
2012 RealTrends 500 Report: Of Top 500 Residential Brokerages in U.S. Paragon Ranks #3 for Highest Sales per Agent & #4 for Highest Average Sales Price Top Firms Nationally: Ranked by 2011 Closed Sales Volume Per Agent Top Firms Nationally: … Continue reading →
The Epicenter of the High-Tech-Buyer Market Surge in San Francisco A statistical market overview by the Paragon Real Estate Group for Noe Valley, Eureka Valley & the Castro, Cole Valley, Mission Dolores, Haight Ashbury, Ashbury Heights, Clarendon Heights, Parnassus Heights, … Continue reading →
These charts track market activity by week for the last six months through February 19, 2012 for San Francisco houses, condos, co-ops and TICs. Listings for Sale (not including listings currently under contract): Inventory remains terribly low. Months Supply of … Continue reading →
“The two-bedroom Noe Valley house had an unorthodox layout and looked like a 1980s Tahoe cabin. Taking those flaws into consideration, Realtor Bernard Katzmann listed it for $1.1 million at the inauspicious sales time of Thanksgiving. Then he watched in amazement as 22 offers came in – many for all cash – and it ended [...]
“As one of the Bay Area’s largest construction firms, Webcor Builders provides a handy barometer of the region’s economic vitality. The San Francisco company’s workforce, which topped 2,200 in 2008, has shrunk to about 1,200. But this year it plans to add about 500 workers, primarily skilled union tradespeople – many of the same folks [...]
Source: CNN.com
At its Tuesday meeting, the Federal Reserve reaffirmed its pledge to keep interest rates low and opted to not take any new measures to bolster the economy, saying the economy has already been showing signs of “expanding moderately.” The economy has shown some improvement in employment and consumer spending in recent weeks. However, the Fed [...]