OK, We All Know Prices are Down.

How many stories do we need to say that, prices are down, 2009 is going to be AWFUL! and that if you can hold off buying for another six months, you are going to get a deal? OK, here goes, from the Wall Street Journal: In October, six metro areas showed annual price drops of [...]

Bay Area Average Price: $350,000 — Just Like in 2000

DataQuick came out today with their monthly sales numbers for November — nothing terribly surprising except the average price in Contra Costa County was $265,000. I think that’s affordable for most people. I guess all those $50,000 homes in Gun Point Bay Point helped.   Sales Volume Median Price All homes Nov-07 Nov-08 %Chng Nov-07 [...]

The house is now mine!

My real estate agent is having me go to the house in some “ritual” of hers tonight to pick up the keys. You’re mine, screwy house with the f@$%-up crown molding and 48 french doors and freakishly tiny windows! You’re mine, weird murals painted on chartreuse walls! You’re mine, hallway that goes to nowhere! You’re [...]

Depression Era Real Estate

I was watching way too many Depression documentaries this weekend — have you noticed the History Channel and PBS are airing them? PBS’s was much better, including the idea of hte “penny auctions” when neighbors would show up at a foreclosure auction and purposely keep the bids low, even pushing away outsiders. Oh, that was [...]

A Good Time to Buy?

Not that I believe everything I read, but Ron Lieber of the New York Times seems to think that now’s the time to buy that first house. Hmm, coming hard on the heels of the Chronicle’s latest cheerleading for houses under $100K — it may seem as if the world is conspiring against you to buy, [...]

A Piece on Buying/Living in the Oregon Wine Country…

In case you didn’t see this, and you didn’t know that I still write about real estate . . . somewhere. I could have used their main photo, but I thought my photo was much more cinematic. YAMHILL County, Ore., is home to the Chehalem Valley, “chehalem” being an Indian word that refers to the [...]

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