I've been watching housing prices in the neighborhood where we bought (July 1) and things are not coming down at all. Things aren't selling, much, either - some things we looked at in May are still for sale - but since it's a college town the market is very heavily seasonal. Since we already bought a house I feel good about this!
Uh, are we gonna fight, or is there just gonna be a monster sarcasm rally?
Stoner Vamp ,'Lessons'
Natter 63: Life after PuppyCam
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
flea - Jan 27, 2009 9:15:01 am PST #3751 of 30000
information libertarian
erikaj - Jan 27, 2009 9:19:08 am PST #3752 of 30000
Always Anti-fascist!
Crime makes you really f--- stupid, tommyrot. And *I'm* insulted...Gandhi? Really?
SuziQ - Jan 27, 2009 9:20:06 am PST #3753 of 30000
Back tattoos of the mother is that you are absolutely right - Ame
We dropped our sale price by close to 30% over the last year. Utter craziness.
Gudanov - Jan 27, 2009 9:23:51 am PST #3754 of 30000
Coding and Sleeping
I've been watching housing prices in the neighborhood where we bought (July 1) and things are not coming down at all.
Prices in our neighborhood have been pretty stable as well. They didn't go up much during the bubble and haven't come down much now.
juliana - Jan 27, 2009 9:24:28 am PST #3755 of 30000
I’d be lying if I didn’t say that I miss them all tonight…
Belated Happies to Frisco & Ben!!
Re: the rental discussion we had last week - my studio apartment that I rented for $995 (and now pay $1011 on) will be renting for $1295 once I move out. The market for studios and jr. 1-bedrooms is tighter than I thought.
megan walker - Jan 27, 2009 9:25:25 am PST #3756 of 30000
"What kind of magical sunshine and lollipop world do you live in? Because you need to be medicated."-SFist
We dropped our sale price by close to 30% over the last year. Utter craziness.
If it helps knowing at all, from figures I saw recently that is pretty standard for almost all the counties in the Bay Area (apart from SF).
Gudanov - Jan 27, 2009 9:26:58 am PST #3757 of 30000
Coding and Sleeping
Blagojevich media blitz 'a horrible, horrible idea'
He's amazing, a one man political circus. I can't imagine anyone doing a parody than would be better than the real thing.
erikaj - Jan 27, 2009 9:28:34 am PST #3758 of 30000
Always Anti-fascist!
He is the parody. Even Clay Davis from the Wire is like "Well, sheeit,"
Glamcookie - Jan 27, 2009 9:29:21 am PST #3759 of 30000
I know my own heart and understand my fellow man. But I am made unlike anyone I have ever met. I dare to say I am like no one in the whole world. - Anne Lister
Belated Happies to Frisco & Ben!!
Ditto! Adorable picture of Frisco, too.
megan walker - Jan 27, 2009 9:33:41 am PST #3760 of 30000
"What kind of magical sunshine and lollipop world do you live in? Because you need to be medicated."-SFist
Re: the rental discussion we had last week - my studio apartment that I rented for $995 (and now pay $1011 on) will be renting for $1295 once I move out. The market for studios and jr. 1-bedrooms is tighter than I thought.
I think that is mostly because rents went so far up in the last few years overall, not lately. When I was looking 18 months ago, studios in coveted neighborhoods were $1200 or so already.
All the 1 br in-laws (which is most of the apt stock) in my neighborhood have now all come down by at least $100 since Thanksgiving. They are running at around $1400.
As for Bay Area housing: [link]
DataQuick also reported Wednesday that the median home price in the nine-county San Francisco Bay area fell 44 percent, from $587,500 in December 2007 to $330,000 last month. That's the lowest since March 2000, when it was $320,500, and marks a 50-percent decline since the peak of $665,000 in the summer of 2007.
Most of the Bay Area sales took place in the East Bay counties hit hardest by foreclosures. The median home price fell 50 percent to $252,000 in Contra Costa County, 37 percent to $338,000 in Alameda County and 42 percent to $213,500 in Solano County. By contrast, it dropped 16 percent to $616,500 in San Francisco.