What are the 5 most important factors to watch in order to see if it's the right time to buy a home in the San Francisco Bay Area real estate market? Per the Wall Street Journal, the 5 signs that say 'buy' a home are jobs, recent sales activity, construction, mortgage availability, and anecdotal evidence. Jobs - Forget the national reports. Are local companies hiring? Are start-ups going public? Is the mood generally positive or negative about the San Francisco job market? Recent Sales … [Read more...]
January 9, 2010 by Leave a Comment
Follow SF Real Estate? Keep Your Eyes On the Valley. More VC Dollars Flow to Bay Area.
For a glint of positive news, look south. According to the Wall St. Journal, "Local (San Francisco Bay Area) Start-Ups Snagged a Bigger Slice of the Venture-Capital Pie in 2009." "But even as the overall amount of venture-capital money they pumped into companies declined from 2008, Bay Area start-ups got a bigger slice of the dollars that were deployed. According to research firm VentureSource, start-ups in the Silicon Valley region saw their percentage share grow over the first three quarters … [Read more...]
June 21, 2009 by Leave a Comment
San Francisco Home Listings Show Positive Signs
"A home-sales revival that began last year in some of California's cheaper inland areas has begun to spread to several more expensive coastal areas, another hint that devastated real-estate markets in the state -- and other parts of the country -- may see less grim days ahead." So says an article in this weekend's Wall St. Journal. The article discusses Santa Clara County but it is transferable to San Francisco real estate where SF home listings also show positive signs. The "entry-level" or … [Read more...]
April 27, 2009 by Leave a Comment
Where is San Francisco Real Estate Headed? Inventory shifts down.
Where is San Francisco Real Estate Headed? According to a recent article in the Wall St. Journal, SF real estate is looking pretty good...or rather looks better than most. No real estate market is great right now but I guess, we just "suck less" than the others! No, that was not a direct quote from the WSJ. ;) For example, in a chart ranking 28 major real estate markets, San Francisco has had the 2nd highest drop in inventory from a year ago. Less supply = you guessed it, more demand. San … [Read more...]
