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Monthly Archives: January 2009
Revised Absorption Chart, but the results are the same, only worse
Thanks, Jean-Claude for making me take a second look at my methodology on my Absorption Chart. I had anticipated your point about the lag between listing dates and sales but had unfortunately gotten the formula backwards in my chart — … Continue reading
Posted in Data, Economy, Market news
Tagged Charts, Data, Market news, San Francisco, SF real estate
1 Comment
Supply/Demand: Does it predict price? Maybe not.
Now hold on there, matie! Basic economic theory says more supply than demand, prices will fall, right? Well take a look at this graph. It shows the absorption rate of single family home listings from January 2006 through December 2008 … Continue reading
Posted in Data, Economy
Tagged Charts, Data, Market, Market news, Mortgages, SF real estate
6 Comments
Happy New Year! — The Official Blog Launch
Happy New Year everyone! I’d intended to illustrate this post with suitable icons for every winter tradition from Christmas to Kwanzaa but decided against it when I couldn’t think of a suitable graphic for non-believers. And why should they (we) … Continue reading