San Francisco Real Estate Market Update – March 2019

Further signs of a cooling market are showing up in the San Francisco housing market data. February continued the trend downwards in median sales price for single family homes, dropping 2.4% year-on-year. Condos eked out a 0.87% increase. Another indicator is climbing Days on Market for single family homes, up Read More

San Francisco Real Estate Market Update – February 2019

As we mentioned here last month, 2018 was probably the start of the leveling off of the very frothy San Francisco housing market. Indeed, January continued the trend downwards in the median sales price for both single family homes and condos, dropping to $1,483,333 and $1,183,333, respectively. There were across Read More

San Francisco Real Estate Market Update – January 2019

For the first time in seven years, the trend line shifted from up to down for single family home sold prices in San Francisco. They eked out a 0.5% increase* for the year. Likewise, median condo sold prices peaked in March and ended the year with an annual appreciation of Read More

San Francisco Real Estate Market Update – December 2018

Uncertainty in the market and the economy is the watchword. November followed October’s stock market gyrations with the result that all major worldwide stock markets are now in negative territory for the year. After the recent quarter-point raise the discount rate, central bank officials have now reduced next year’s rate hike Read More

San Francisco Real Estate Market Update – November 2018

Midterms have passed and the Democrats have taken back control of the House, effective January 1st. It remains to be seen if they will attempt to reinstate full deductibility of homeowners’ mortgage interest, which could help keep San Francisco home prices trending upwards. Over the past four weeks, the stock Read More

San Francisco Real Estate Market Update – October 2018

SF Unicorn IPOs Five San Francisco-based tech “unicorns” are planning on going public in 2019 Uber, Airbnb, Stripe, Pinterest, and Lyft Once they have their IPOs, their employees will likely take their cash windfalls and purchase homes in and around San Francisco, driving sales prices even higher The Beige Book Read More

Marin County Real Estate Market Report – October 2018

SF Unicorn IPOs Five San Francisco-based tech “unicorns” are planning on going public in 2019 Uber, Airbnb, Stripe, Pinterest, and Lyft Once they have their IPOs, their employees will likely take their cash windfalls and purchase homes in and around San Francisco, driving sales prices even higher The Beige Book Read More

San Francisco Real Estate Market Update – September 2018

The Conference Board is sounding a cautionary tone in its economic forecast: “Less support from monetary and fiscal policy, and a weaker global economy will gradually slow the economy to below 2.5 percent growth by the end of 2019. Already, higher interest rates along with labor shortages in construction, and Read More

Marin County Real Estate Market Report – September 2018

Conference Board is sounding a cautionary tone in its economic forecast: “Less support from monetary and fiscal policy, and a weaker global economy will gradually slow the economy to below 2.5 percent growth by the end of 2019. Already, higher interest rates along with labor shortages in construction, and higher Read More