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It seems Austin, Texas is a popular place for Californians to relocate. There’s a big Apple project under development there. Recent Bay Area employment data is supportive. Total current (Nov-2019) Bay Area employment of 4,146,900 is 27,400 below the recent … Continue reading
Some close to year-end updates in economic data, housing data (CoreLogic stopped publishing its Bay Area median price data, so I will cobble together as best I can) and employment data. Employment data suggests a slowdown in the economic growth … Continue reading
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