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Monthly Archives: November 2016

Rising Interest Rates & Bay Area Housing Affordability

Changes in interest rates affect local, national and international economies in a bewildering variety of positive and negative ways depending on the segment, and there is vehement disagreement as to what rate or rate movement is best, or most dangerous, for whom.

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As of Friday, November 18, mortgage interest rates have jumped about 15% since the election, with many economists and analysts predicting more to come in the not too distant future.

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Multiple Angles on a Changing San Francisco Market

Median sales prices usually jump in autumn, to a large degree because of the seasonal increase in luxury home sales, and that is what happened in October. The combined house and condo median sales price was up 6% from October 2015, but substantially unchanged from the previous peak median prices achieved in spring 2015 and spring 2016.

San Francisco Median Home Sales Prices

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Median sales prices usually jump in autumn,

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The Marin County Real Estate Market – November 2016 Report

The Marin County real estate market continues to see moderate price increases year over year, driven by a general lack of supply and continued high buyer demand, especially in the more affordable, middle-price ranges. The market is definitely cooler in higher price segments, with increases in the number of luxury homes for sale amid somewhat softer demand. This is a general trend across the Bay Area.

The real estate market usually goes into semi-hibernation from just before Thanksgiving through mid-January,  » Read more about: The Marin County Real Estate Market – November 2016 Report  »

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Updated S&P Case-Shiller Home Price Index for San Francisco Metro Area

IMPORTANT: Since Case-Shiller Indices cover broad areas – 5 counties in the SF Metro Area – which themselves contain communities and neighborhoods of widely varying home prices, the C-S chart numbers do not refer to specific prices, but instead reflect home prices as compared to those prevailing in January 2000, which have been designated as having a value of 100. Thus these charts are really generalizations about appreciation (or depreciation) trends: for example,

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