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Author Archives: JN Real Estate Appraisal & Valuation Services
Bad news is starting to pile up around the housing and apartment markets in the San Francisco Bay Area. Let’s be real… markets go up and down. This may, however, be a reflection of weakness in the employment market of … Continue reading
The year 2019 started off a little rocky on the employment trail. The month of May saw a significant comeback in job growth, but the year ahead remains cloudy. See recent Employment Data here.
After a strong year-end burst of job growth, January 2019 started with a big, loud boom. Not a good boom… a drop of 77,900 in Bay Area employment. February 2019 saw some recovery, but the picture is a bit muddy. … Continue reading
Was at a large meeting today with appraisers from all over. Consensus about 2019? There is none. Lots of speculation about the direction of the real estate market in the coming months. We will have to wait and see. Saturday … Continue reading
Welcome to 2019! Statistical data always takes a while to go from real world to data gathers to data analysts like me. Some November 2018 data is available for housing prices and employment plus full year residential mortgage rates. It … Continue reading
I’ve added a few new graphs showing home listing/sale and price trends for San Mateo County. Let’s be clear that affordability is an issue here. It’s not a debate. To purchase the average sale price home ($1,777,341 in June 2018), … Continue reading