The Real Estate Report December/January, local market trends San Francisco: “C.A.R’s 2014 Housing Forecast” by AMSI’s Real Estate Broker Robb Fleischer
Tag: Real Estate News
Obtaining a Mortgage to Get More Difficult – The Real Estate Report November/December
The Real Estate Report November/December, local market trends San Francisco: “Obtaining a Mortgage to Get More Difficult” by AMSI’s Real Estate Broker Robb Fleischer
Government Shutdown to Put Brakes on Market – The Real Estate Report October/November
The Real Estate Report October/November, local market trends San Francisco: “Government Shutdown to Put Brakes on Market” by AMSI’s Real Estate Broker Robb Fleischer
Jumbo Loans Cheaper Than Conforming Loans – The Real Estate Report September/October
The Real Estate Report September/October, local market trends San Francisco: “Jumbo Loans Cheaper Than Conforming Loans” by AMSI’s Real Estate Broker Robb Fleischer
Mortgage Closing Costs Rising – The Real Estate Report August/September
The Real Estate Report August/September, local market trends San Francisco: “Mortgage Closing Costs Rising” by AMSI’s Real Estate Broker Robb Fleischer
The Real Estate Report July/August – Market Takes a Breather
The Real Estate Report July/August, local market trends San Francisco: “Market Takes a Breather” by AMSI’s Real Estate Broker Robb Fleischer
The Real Estate Report May/June – Prices Hit All-Time Highs
Local market trends San Francisco: “Prices Hit All-Time Highs” by AMSI’s Real Estate Broker Robb Fleischer
The Real Estate Report April/Mai – Inventory Dominates Market
Local market trends San Francisco: “Inventory Dominates Market” by AMSI’s Real Estate Broker Robb Fleischer
The Real Estate Report January/February – San Francisco Home Sales and Prices Up in 2012
Local market trends San Francisco: San Francisco Home Sales and Prices Up in 2012 by AMSI’s Real Estate Broker Robb Fleischer
Local Market Trends – Lack of Inventory Besets Market
By Robb Fleischer
Lack of Inventory Besets Market
Low inventory is taking a toll on buyers’ patience. With the limited number of properties for sale in San Francisco, multiple offers are becoming the norm. The problem is only one party can buy a property.
On the last day of May, there were 804 homes and condos for sale. That was down from 870 in April and down from 1,529 in May 2011.
Last month there were 493 properties sold. That equates to 1.6 months of supply on the market. In a balanced market, we would have a 5-6 months supply of inventory.
As we mentioned last month, the phantom inventory that was the rage last year just evaporated. Banks own a total of 632 properties in San Francisco. Even assuming none of them are already in escrow, it is still only 1.3 months of supply.
Continue reading here http://rereport.com/sdc/print/RobbFleischerSF.pdf