What is a Moral Hazard and Its Relevance in Real Estate
We frequently come across a condominium that doesn’t have gas for each unit, or at least none was installed to be accessible for cooking appliances. This is worrisome for some buyers, but they may see the benefits of using an induction-style electric cooktop over the more common gas with the right education.
As an ex-chef, the […]
Back in November 2022, we wrote an article titled “The Big Risk in Gambling on Bay Area Home Values” where we predicted that this day would come. We expected that Q1 in 2023 would see a significant decrease when compared to 2022 but are we comparing apples to apples? We suspect that by Fall, the […]
It seems like forever since the housing market has been in balance. The downturn in 2007-2009 was followed in 2012 by an 11-year run up in Bay Area home values. Are we finally reaching equilibrium?
The first quarter of 2023 is in the books, and the housing numbers are in. If you’ve been listening to local […]
Last year was a wild one, but not entirely unpredictable, as we forecast in December of 2021.
Like our recent unprecedented storms, the factors that led to the abrupt housing market shift in the second quarter of 2022, created the perfect storm for a change in the market—not a correction—a change or shift.
After the pandemic […]
The latest Case-Shiller housing report for the Bay Area is out, and as suspected, the downward trend is inching us closer each month to a YOY loss in home values in the nine Bay Area Counties.
Home values shows they have returned to essentially where they were a year ago. The Case-Shiller data lags the market by […]
Is the sky falling when it comes to real estate in 2022, or have we seen this before?
Bay Area real estate has always been buoyed by strong consumer sentiment that the inflated prices will remain a good investment. But once there’s a chink in the armor, all bets are off.
First there was the real impact of rising […]
Now that the third quarter of 2022 is in the books, we take a look at how our current market stacks up to historical markets when interest rates were as high (or higher) than they are today, and how these rates have impacted not the price of homes, (we did that in another post), but […]
Imagine you have an aging family member that you’d like to come live near you—but not with you—or you simply need to generate some additional income. ADUs give homeowners the flexibility to share independent living areas with family members and others, allowing seniors to age in place as they require more care and helping extended families […]
Following our local real estate market is a lot more interesting when it’s in a state of flux. Coming out of the Great Recession in 2012, when home selling activity began to pick up dramatically after a five-year hiatus, we finally had some interesting news to report.
Since then the meteoric rise in home values and […]