I revisted my chart from ‘SF Officially a Buyers’ Market’ post from last week due to several late reported sales which have altered, albiet slightly, the numbers originally reported. I also was reminded by a fan of the blog that it might be helpful to put those numbers in some kind of perspective; so I have included a reference to the Months Supply of Inventory (MSI) in 2007 for comparison purposes. As you will see, MSI in many areas of …
Month: December 2008
The 2007 Cost vs. Value Report establishes cost-to-construct benchmarks for a set of common remodeling projects, then estimates how much of that investment will be recouped at resale in the current market. It’s a must read for those needing more space, like many of my clients with growing families, but are weighing the risk/reward for selling and upgrading in this kind of market. San Francisco Job Costs: “What the Numbers Mean When comparing cost estimates for actual projects, remember that …
Despite month’s of negative news regarding real estate, San Francisco has proven amazingly resilient to price decreases (southern neighborhoods such as South of Market not withstanding) that is, until quite recently. Below is an analysis of Inventory Supply in San Francisco, compiled by Patrick Carlisle , showing a sharp change occurring in the market since September. The changes are particularly dramatic in several neighborhoods that have been very strong sellers’ markets heretofore. By nature, these analyses are snapshots, which can …
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