Berkeley CSUA MOTD:Entry 50290
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2025/05/29 [General] UID:1000 Activity:popular
5/29    

2008/6/18-24 [Reference/BayArea, Reference/RealEstate] UID:50290 Activity:nil
6/18    Slowest May in 20 years for Bay Area housing
     http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/06/18/BUBP11B99U.DTL
        "The median price paid was $517,000, down 21.7 percent from a year
        ago."
        "Sales of all home types in San Francisco dipped 3.7 percent, as prices
        declined 5.4 percent to $790,000."
        Ok this is good, but I need MORE!
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| |      / \  | \ | |  _ \| |   / _ \|  _ \|  _ \  \ \      / /_ _|_   _| | | |
| |     / _ \ |  \| | | | | |  | | | | |_) | | | |  \ \ /\ / / | |  | | | |_| |
| |___ / ___ \| |\  | |_| | |__| |_| |  _ <| |_| |   \ V  V /  | |  | | |  _  |
|_____/_/   \_\_| \_|____/|_____\___/|_| \_\____/     \_/\_/  |___| |_| |_| |_|

    _     __   __ _    ____ _   _ _____
   / \    \ \ / // \  / ___| | | |_   _|
  / _ \    \ V // _ \| |   | |_| | | |
 / ___ \    | |/ ___ \ |___|  _  | | |
/_/   \_\   |_/_/   \_\____|_| |_| |_|
        \_ Your a fag.
          \_ And you're (== you are) an embarrassment to all English speakers.
        \_ Housing prices go up and down but if they go down enough there will
           be a huge ripple effect through the rest of the economy.  You may
           find you don't have a job after housing drops another x%
2025/05/29 [General] UID:1000 Activity:popular
5/29    

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Cache (1033 bytes)
www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/06/18/BUBP11B99U.DTL
Marin County saw the biggest (and only) price gain, climbing 58 percent to $899,000, despite leading the region in declining sales volume, falling 37 percent. Sales of all home types in San Francisco dipped 37 percent, as prices declined 54 percent to $790,000. The overall performance was a sharp departure from April, when regional homes sales rose more than 30 percent from the prior month, the largest increase for that time period since at least 1988, when the La Jolla (San Diego County) research firm began tracking the market. A report released today by UCLA Anderson Forecast said California is transitioning into a new phase of the real estate bust, in which prices will remain weak but sales will begin to tick up. Price declines, lower interest rates and loosening credit markets are luring shoppers, especially bargain hunters, it said. The report stressed, however, that foreclosures will remain a "significant problem" through at least the end of the year, and that "a 'normal' housing market is still a long way off."