Category Archives: Market news

DOM Roll Please

A couple of posts ago, we dispensed with Absorption Rate as a good barometer of the market since there appeared to be no correlation between how much inventory was available in relation to sales rates and where median prices were … Continue reading

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Absorption R.I.P.

After talking to people about my last post on Absorption Rates and the lack of a correlation between slower absorption and lower median prices (or faster absorption and higher prices), I got the impression that there was some curiosity — … Continue reading

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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

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Maybe it’s time to buy that first house….

That’s what New York Times journalist Ron Lieber discusses in Saturday’s Business Section.  You can find a copy of the article here.  Of course, nobody really knows where the real estate market is headed but Lieber suggests that now could … Continue reading

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The View from Space — Part 3: Above California

The forecast for the California Housing Market Continue reading

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Update to Halloween Horror: Did it just get scarier….??

The day after I posted my take on the Case-Shiller Index, they came out with July’s report (they’re always trailing three month averages) showing a continuing decline in the San Francisco MSA.  Wait for it:  down 27.3% from July 2007.  … Continue reading

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Horror Headline (just in time for Halloween): SF home prices down 24.8%!!!

Yup, that’s right folks.  According to the well-known and well-respected Case-Shiller Index published by Standard and Poor’s, San Francisco home prices in July 2008 were down a whopping 24.8% from a year previous.  How can this be, when you read … Continue reading

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Just How Bad Is It? (Answer: depends)

I’ve been digging a bit deeper into the raw data that’s used to generate the beautiful graphs you can find here and which I used to generate the MLS District graphs in my blog of a few days ago. So … Continue reading

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What on earth does this chart mean? (Click to make it bigger)

I was wondering how prices in various MLS Districts in San Francisco were doing relative to each other and to San Francisco as a whole so I graphed the monthly median prices of single family homes in all but the … Continue reading

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San Francisco Condos doing just fine, thank you.

Condos often get hit hard in times of real estate turmoil, but that doesn’t seem to be happening in San Francisco — at least for now. This graph shows a 12 month moving average of actual condo sales through March. … Continue reading

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