Re:Zillow 2020 Urban-Suburban Market Report
by twblalock on Tuesday August 18, 2020 @08:03PM
(#24205773)
San Francisco was one of the tightest real estate markets in the country for years. Even doubling inventory doesn't make it a buyer's market.
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Re:Zillow 2020 Urban-Suburban Market Report
by refurb on Tuesday August 18, 2020 @09:06PM
(#24206153)
Not only that, but listings plummeted with Covid. I'd be interested to see how the cumulative inventory compares to this time last year.
If all those people who were going to sell in March, April and May just delayed until now, you'd see a big jump in inventory, but the overall number of homes changing hands might not have changed.
Re:Zillow 2020 Urban-Suburban Market Report
by bradlys on Tuesday August 18, 2020 @08:21PM
(#24205879)
Doubling it won't even make it close to other markets. https://www.zillow.com/research/data/
Looking at it doesn't even make sense to me. I'm looking at "For-Sale Inventory (Raw, All Homes, Monthly/Weekly)" and getting the same numbers for the previous year in June. (Around 5,000-6,000) Where's this huge 96% increase...?
Re:Zillow 2020 Urban-Suburban Market Report
by 1DRACOSEA8 on Tuesday August 18, 2020 @11:49PM
(#24206968)
I said no to Amazon for this Defense startup. Tons of options, cash, and fringe benefits. I am now, after seven or so years of calling myself a Gay San Franciscan Techie (immigrant) in a position of deciding whether buying a home in San Francisco is opportune seeing that I cannot seem to leave the city and could use the motivation. I have a big percentage of leverage in terms of implied income/cash flow/credit etc. Just don’t know if I’d be better off elsewhere maybe 70 miles upward of SF.
I love Portland, it’s cheaper than here. Seems unexplored, in spite of how eponymous they’ve become. Portland ticks all my boxes. I have family with me here and they do not like the cold weather (we’re from Miami).