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Market News

Weekly Charts

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

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Yes, yes, Noe Valley, say eager S.F. home buyers

“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 ...

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Bay Area Economy Getting Stronger

“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 ...

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Fed Leaves Rate Alone, More Upbeat About Recovery

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 ...

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Market Charts

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Hanley Wood Market Forecast

National forecast of recovery in jobs and income: click to enlarge Jobs/Income forecast for multi-county San Francisco MSA projecting a recovery in employment to gain traction in 2012: click to enlarge Forecast of national home price recovery puts us at bottom right about now: click to enlarge Buyer profile for San Francisco multi-county metro area ...

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New Case-Shiller Report for August

S&P Case-Shiller publishes 4 main home price indices for the 5-county San Francisco Metro Statistical Area: the low price tier, the middle price tier, high price tier and an aggregate index. The new report for August 2011 was released today: For the SF MSA, the low and middle price tiers showed small declines in values, ...

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J.P. Morgan Report: Housing: A time to buy

Dr. David Kelly is the Chief Market Strategist for J.P. Morgan Funds, and David M. Lebovitz is a Market Analyst on the J.P. Morgan Funds U.S. Market Strategy Team. They’ve just issued a 12-page report on the US housing market, titled ” Housing: A time to buy.” Below is an excerpt from the report’s Foreword: ...

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The San Francisco Luxury Home Market

A market trends overview by the Paragon Real Estate Group for San Francisco Home Sales of $1,500,000 & Above October 2011 Update It’s not unusual for the high-end home market to slow down during the summer months, just as it does to a greater degree during the holiday season from mid-November to mid-January. However, this ...

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