Expectations and realities in the current market

San Francisco’s real estate market has remained much the same throughout the fall. Rising interest rates continued to discourage sellers from selling, and buyers from buying. In... Read More

When prices and mortgage rates are sky high, the haves are the only ones buying, and the have-less are not. PHOTO: Bishnu Sarangi - Pixabay

Real Estate

Starter homes and ‘nepo-babies’

By Garey De Martini

The book just closed on September — perhaps the most critical month of the year for residential real estate. The numbers aren’t available just yet, and so it will be a short w... Read More

Things look quiet from above, but underneath is building pressure that will be released when rates drop. PHOTO CREDIT: Armin Forster / Pixabay

Real Estate

These days, if it’s not one thing, it’s another

Cybercrime and high rates put a damper on activity

By Garey De Martini

As if the real estate market wasn’t challenging enough, on Aug. 9 there was a cyberattack on Rapottoni, a software and services provider that supplies multiple listing services ... Read More

A red hot market has been followed by a lull. Photo: Erik Larson from Pixabay

Real Estate

The numbers are good, but all is not well

By Garey De Martini

It’s been exhausting. You look at the numbers for San Francisco’s residential real estate, and it’s not that bad. Prices are down from last year, but not enough to suggest t... Read More

The matter of interest rates weighs heavily on the current market, for buyers and sellers alike. Photo: Loddar13 from Pixabay

Real Estate

The impact of higher mortgage rates

By Garey De Martini

Many would-be sellers are staying put rather than listing their homes for sale to avoid taking on a much higher mortgage rate when they purchase their next house. According to Red... Read More

Real Estate

Eye-popping numbers, a bank’s collapse, and more

By Garey DeMartini

San Francisco’s real estate market peaked last year in March, April, and May — so year-over-year price comparisons will remain eye-popping at least until the end of this month... Read More

Real Estate

San Francisco’s real estate market cools

By Garey DeMartini

Median home sale prices in the city dropped again in the first quarter of 2023, according to Ted Andersen with the San Francisco Business Times. The median price for a home went f... Read More

Real Estate

An up and down market

By Garey De Martini

Despite a relatively slow start to the year, San Francisco’s real estate market improved in February. A number of indicators hit low points in January, but then rebounded the ne... Read More

Real Estate

A look at the current buyers in the current market

By Garey De Martini

Real estate article after real estate article talks about how unaffordable homes are in San Francisco. A quick look at home prices will tell you that’s the case. What’s more, ... Read More

A down market is the time to buy, but in the quiet of the new year, activity is slow while people take stock of prospects for themselves and for the wider economy. Photo: Andrew Whitmore

Real Estate

Real estate’s dog days

By Garey De Martini

Typically the real estate market takes a breath in January and February. Very little takes place until after the Super Bowl. It might be because historically we’ve been a footba... Read More

Real Estate

San Francisco’s real estate forecast for 2023

By Garey De Martini

Last January we predicted a relatively hot real estate market for San Francisco, with prices continuing to climb during the year ahead — though we noted at the time some early s... Read More

Real Estate

San Francisco real estate: It’s anybody’s guess

By Garey De Martini

The San Francisco Bay Area led the country in economic growth in 2022, with a 4.8 percent increase in GDP, according to a new report from the Kenan Institute of Private Enterprise... Read More

Time to buy or time to bide your time? Photo- Jason Nin-Pixabay

Real Estate

Buyers aren’t buying this buyers market

By Garey De Martini

San Francisco homebuyers have leverage for the first time in 14 years. Ironically, many buyers are shying away from a market that now seems to favor them. Clearly, buying a home i... Read More

Real Estate

The way it once was in real estate

By Garey De Martini

Eileen Mougeot, an agent with Corcoran Global Living in San Francisco, has been in the business a long time. She is a great storyteller, so we thought we’d ask her how things ha... Read More

There might be more expectations of a downturn than there are actual signs of an economic downturn. Photo: Garey de Martini

Real Estate

Context for today’s real estate news

By Garey De Martini

Looking ahead, Zillow recently predicted a sharp slowdown in the nation’s annual home value growth from the current pace of 19.8 percent to 7.8 percent growth through June 2023.... Read More

Real Estate