Prop 13 At 6:13
May 13, 2012

Early one morning back in the late 1970s, I remember watching my real estate developer father sipping his  coffee. He had our living room full of political signs urging people to vote “Yes on Prop 13” . He proudly stood admiring his work that was accomplished with some stencils and spray paint in our back yard the night before. Had it been modern day, I would have thought him a tagger.  As I hid the “morning vitamins” my mom just gave me under the rug, I w...

San Francisco Real Estate Market On Fire
May 7, 2012

The San Francisco residential real estate market is booming again. I do not recall seeing such a sudden change in buyer sentiment in over 10 years. The sea shift appears to have begun in early 2012 fueled in large part by a booming stock market, ultra 40 year low interest rates, a high-tech explosion and widely anticipated IPOs from Facebook, Zynga, Pandora and others. A large number of the deals getting done these days are all cash, have no contingencies and extremely fast close of escrow...