Mid-Peninsula Housing Market Bulletin
Real Estate 2006-2007: In Search of the “Bust”
May 2007

Summary:
The author states that to plot a personal strategy for buying or selling residential real estate one must understand what is behind the recent and often discussed housing “boom” and “bust.” Home price appreciation in the U.S., California, and regions of California are compared to support the author’s assertion that there was no price boom in the San Francisco Bay Area.
Despite the lack of boom or bust, the author contends that the Bay Area housing market moved into a transitional phase in late 2005. The number of sales were off in 2006, but prices continued to rise. This paradox is explained by the chronic shortage of supply.
The author makes a market prediction for the mid-Peninsula for 2007. This is based on local economic conditions, consumer confidence, availability of money, and supply and demand for housing. Thoughts about how to proceed during a period of market transition are also provided.

Download Newsletter Vol. 3 (PDF)

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Mid-Peninsula Housing Market Bulletin
1997-2004: The Bubble and Beyond
September 2005

The residential real estate market has seen greater swings over the past few years than over the past few decades. This commentary seeks to describe what happened, what is happening, and what may happen in the future.

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Download Newsletter Vol 2 (PDF)