Bay Area crashing quickly

[Ash Housewares]

New Case Shiller data is out (data through November)- esmith it will be interesting to see if your model accurately predicted what the results would be.

Anyway, here is a summary:
SD down 3.4% for the month, -13.4% YOY
LA down 3.6% for the month, -12% YOY

The biggest surprise I found was San Francisco, where the decline is rapidly accelerating.
SF down 3.2% for the month, -8.6% YOY

By computing month to month % changes for all the cities in the index, you can see that SF has gone from 10th worst decline (September) to 5th (October) to now the 3rd worst monthly decline in the November data. LA and SD were the only two cities to fare worse than SF in the most recent data. So the Bay Area is now falling faster than Las Vegas, Pheonix, or Miami.

[raptorduck]

I would love to see Santa Clara county hop on the ride down. Though not reflected in CS data yet, Santa Clara county was actually up last month, the only county to go up in the entire bay area.

This might help me as a seller, but ideally we are also planning on buying a larger and beter located house up here too, in addition to SD. Although we are not in as much a hurry here as we are in SD, which is really to say we are not in a hurry at all, since we are at a snail’s pace buying in SD.

The problem on the Penninsula is inventory, not much inventory, and much of what is on the market is still overpriced crap, and I am being kind.

[raptorduck]

I would love to see Santa Clara county hop on the ride down. Though not reflected in CS data yet, Santa Clara county was actually up last month, the only county to go up in the entire bay area.

This might help me as a seller, but ideally we are also planning on buying a larger and beter located house up here too, in addition to SD. Although we are not in as much a hurry here as we are in SD, which is really to say we are not in a hurry at all, since we are at a snail’s pace buying in SD.

The problem on the Penninsula is inventory, not much inventory, and much of what is on the market is still overpriced crap, and I am being kind.

[raptorduck]

I would love to see Santa Clara county hop on the ride down. Though not reflected in CS data yet, Santa Clara county was actually up last month, the only county to go up in the entire bay area.

This might help me as a seller, but ideally we are also planning on buying a larger and beter located house up here too, in addition to SD. Although we are not in as much a hurry here as we are in SD, which is really to say we are not in a hurry at all, since we are at a snail’s pace buying in SD.

The problem on the Penninsula is inventory, not much inventory, and much of what is on the market is still overpriced crap, and I am being kind.

[raptorduck]

I would love to see Santa Clara county hop on the ride down. Though not reflected in CS data yet, Santa Clara county was actually up last month, the only county to go up in the entire bay area.

This might help me as a seller, but ideally we are also planning on buying a larger and beter located house up here too, in addition to SD. Although we are not in as much a hurry here as we are in SD, which is really to say we are not in a hurry at all, since we are at a snail’s pace buying in SD.

The problem on the Penninsula is inventory, not much inventory, and much of what is on the market is still overpriced crap, and I am being kind.

[raptorduck]

I would love to see Santa Clara county hop on the ride down. Though not reflected in CS data yet, Santa Clara county was actually up last month, the only county to go up in the entire bay area.

This might help me as a seller, but ideally we are also planning on buying a larger and beter located house up here too, in addition to SD. Although we are not in as much a hurry here as we are in SD, which is really to say we are not in a hurry at all, since we are at a snail’s pace buying in SD.

The problem on the Penninsula is inventory, not much inventory, and much of what is on the market is still overpriced crap, and I am being kind.

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