Category Archives: Condominiums

What’s a Better Value in San Francisco, A Condo or a Home? (Part 1)

Posted on March 2, 2011 by Misha

Real estate lore holds that if the market for single-family homes is doing badly, the condominium market will be doing worse.  But what about San Francisco, which is the textbook case of a supply-constrained market with high barriers to entry? … Continue reading →

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2010 San Francisco Residential Wrap-Up: Why condo owners may not be celebrating.

Posted on February 17, 2011 by Misha

Given the amount of bad news coming out of the housing market these days, you’d think that San Francisco condo and TIC owners would be celebrating the fact that values increased 4.5% in 2010. If no one feels like popping … Continue reading →

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Noe Valley: The Condo/TIC market

Posted on April 1, 2010 by Misha

At long last, here’s the promised data on Noe Valley condos and TIC’s. First, a look back (in anger?) at the make-up of Noe Valley sales in 2009. Note that there were more than twice as many condos sold as … Continue reading →

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Looking Back at 2009: Condos/TICs

Posted on February 23, 2010 by Misha

Pretty much everything I said about how single family homes fared in 2009 also applies to the condo/TIC market.   (TIC’s, aka Tenancy In Commons are similar to condos.  For more information on TICs, see my three-part series starting here.) Condo/TICs … Continue reading →

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TICs, San Francisco’s Involuntary Reflex — Part 3: The Condo Premium Per Square Foot? Or not…

Posted on November 6, 2009 by Misha

Last post, we determined that the current difference between the average (annual) price of a condo and that of a TIC is  $86,000, down from a high of $124,364 in 2006.  (That’s a 30%+ drop, by the way.)  Here’s the … Continue reading →

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TICs, San Francisco’s Involuntary Reflex: Part 2 — The Data

Posted on November 5, 2009 by Misha

There are weeks when I look through the new listings on the MLS (Multiple Listing Service) and it seems like there are more TICs for sale than condominiums.  Turns out, this just isn’t true.  Here’s a chart showing relative sales … Continue reading →

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TICs, San Francisco’s Involuntary Reflex: Part 1

Posted on November 3, 2009 by Misha

Inconvenient and Ugly A tic is an involuntary and habitual muscle spasm, frequently in the face.  If you live in San Francisco, a TIC is also what many people end up with when they buy a flat in one of … Continue reading →

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Homes vs. Condominiums: How much extra do you pay?

Posted on August 9, 2009 by Misha

Recently, I blogged about the fact that condominiums seemed to be holding up better than single family homes in terms of their decline from their all-time highs. At the same time, I noted that there was only about $100,000 difference … Continue reading →

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Surprise! Condos are Holding Up Better Than Homes

Posted on July 22, 2009 by Misha

For the quarter century (gulp!) that I’ve been involved in real estate, the conventional wisdom has always been that condo values generally do worse in down markets than homes.  Why?  To be honest, I’m not sure, but I think it’s … Continue reading →

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