The Case-Shiller Index for March just came out and showed a big jump, just beginning to reflect the surge in appreciation we’ve been experiencing in 2013. (January and February Index readings mostly reflect sales in late 2012.) The March reading … Continue reading →

More signs of an extraordinary market: 90% of listings sold in April sold without any price reductions, at an average sales price 7.5% over list price. Huge demand is chasing a too-small supply of homes for sale.

The San Francisco Homes Market Paragon’s May 2013 Snapshot April’s market was basically more of the same of what we’ve been seeing for the last 12-16 months in San Francisco. Virtually all of our statistics are at historic or near-historic … Continue reading →

The small decline in the Index reading from December 2012 to January/February 2013 is due to seasonal market factors, not a decline in values, and occurs every year. Generally speaking, January and February sales reflect offers accepted in the holiday … Continue reading →