Recent Comments
All Time Favs… on Photo Challenge: All-Time…
Tag Archives: economy
Thoughts on the Bay Area economy…
GDP dropped over 31% in the second quarter of 2020 due to the lockdowns throughout the U.S. The economy made a strong rebound late in 2020 and throughout 2021. The Q4 2021 growth rate was 6.9% and the full-year 2021 … Continue reading
The recession is here…
The recession is here (SF Bay Area real estate market)… just a question of how long it will last. Housing prices are falling, transactions are down, commercial markets are softening, transactions are down. Local tech companies are either freezing hiring, … Continue reading
Are Old Home Prices Coming Back?
Skip the year-over-year price trend and look at the median home price data over the past month, three months and six months. Not a lot going on here with prices slowly trending flat to downward. Only San Francisco shows much … Continue reading
Plateau? Top? Bottom?
My visual reading of Bay Area employment trends suggests a leveling off of growth. (see See the Bay Area Employment Trends page (at top) for June 2013 data) Is this a plateau before the next leg up or a top … Continue reading
Employment and Real Estate
Many components go into the demand equation for commercial real estate. Local Bay Area employment is one area on which I spy. Look for semi-regular updates to employment statistics in the Employment Trends page (above). Separately, I really wanted to … Continue reading
JN Real Estate Valuation Services 