Tag Archives: economic trends

Poking Along at Year End

Posted on December 20, 2013 by JN Real Estate Appraisal & Valuation Services

Updated data on November 2013 residential real estate prices in the SF Bay Area here https://graphicrealestate.wordpress.com/sf-bay-area-housing-trends/ and November 2013 SF Bay Area employment trends here https://graphicrealestate.wordpress.com/bay-area-employment-trends/ for the data starved. It’s the year-end craziness so I’m a little outta focus. … Continue reading →

Posted in Images, SF Bay Area Employment Trends, SF Bay Area Housing Trends | Tagged , , , , , , , , | Leave a comment

What Gives?

Posted on November 26, 2013 by JN Real Estate Appraisal & Valuation Services

Between January of 2011 and January of 2013 the Bay Area population increased by 1.9%. So, let’s say population growth is around 1% per year. You would, by inference, expect the labor force to grow by a similar percentage. Over … Continue reading →

Posted in SF Bay Area Employment Trends | Tagged , , , , , , , , | Leave a comment

Fall Sunset

Posted on November 18, 2013 by JN Real Estate Appraisal & Valuation Services

While the setting sun painted the Pacific sky into a lovely picture last week the housing prices in the Bay Area were not as rosy. Median home prices squeaked out a small gain in October but sales volume remains low. … Continue reading →

Posted in SF Bay Area Housing Trends | Tagged , , , , , , , , , | Leave a comment

Without Conviction

Posted on October 23, 2013 by JN Real Estate Appraisal & Valuation Services

Securities brokers like to say price movement without much sales volume is a market moving “without conviction.” We seem to be in that mode in the Bay Area home market right now. Sales volume dropped in September and prices are … Continue reading →

Posted in SF Bay Area Housing Trends | Tagged , , , , , , , , | 2 Comments

Wow, Big Drop in Unemployment Rate… But, Oh, Wait…

Posted on September 21, 2013 by JN Real Estate Appraisal & Valuation Services

You really have to start questioning unemployment numbers from the State and the Feds. It’s a weird time. The unemployment rate for the nine-county Bay Area region dropped to 6.6% in August 2013 from 7% in July (See SF Bay … Continue reading →

Posted in SF Bay Area Employment Trends | Tagged , , , , , , , , , , | Leave a comment

Bloom Off the Rose???

Posted on September 18, 2013 by JN Real Estate Appraisal & Valuation Services

The housing market is cyclical. It is not consistent from area to area. Prices go up and sometimes, as we know all too well, they go down. The Bay Area median home price (all homes and condos) dropped in August … Continue reading →

Posted in SF Bay Area Housing Trends | Tagged , , , , , , , | Leave a comment