Comments on: SF: Year End Stats, Sources, Doom, and Glee http://blog.redfin.com/sfbay/2008/01/sf_year_end_stats_sources_doom_and_glee.html Redfin Bay Area Sweet Digs Tue, 07 Feb 2012 16:59:16 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: anna http://blog.redfin.com/sfbay/2008/01/sf_year_end_stats_sources_doom_and_glee.html/comment-page-1#comment-2376 anna Thu, 10 Jan 2008 19:49:03 +0000 http://blog.redfin.com/sfbay/2008/01/sf_year_end_stats_sources_doom_and_glee.html#comment-2376 Thanks, Missionite! Appreciate the comment and the blog itself for their unique (submedian) perspective. Thanks, Missionite! Appreciate the comment and the blog itself for their unique (submedian) perspective.

]]> By: missionite http://blog.redfin.com/sfbay/2008/01/sf_year_end_stats_sources_doom_and_glee.html/comment-page-1#comment-2373 missionite Thu, 10 Jan 2008 19:33:26 +0000 http://blog.redfin.com/sfbay/2008/01/sf_year_end_stats_sources_doom_and_glee.html#comment-2373 Hi Yerba, I'm not charting unsuccessful attempts to flip properties per se, rather I am looking at a segment of the market that seems to be under served in the SF real estate blogging community, and that's houses that are selling below the median price (hence the name "submedian"). In this particular feature I am examining houses that are selling for less then what they paid for. I have no idea if they were attempted flips or if they are distressed sellers or something in between. I just think it's interesting that we are now starting to see properties sell for less then what they were purchased for only a year ago. This seems to be happening more in the submedian market, and so far hasn't attracted much attention from the local blogs, which are more interested in million dollar condos and other real estate porn (and I can't blame em BTW, it's more fun, and probably brings in more advertising dollars, but that's just not what I am interested in). So there you go... :) -missionite Hi Yerba,
I’m not charting unsuccessful attempts to flip properties per se, rather I am looking at a segment of the market that seems to be under served in the SF real estate blogging community, and that’s houses that are selling below the median price (hence the name “submedian”).
In this particular feature I am examining houses that are selling for less then what they paid for. I have no idea if they were attempted flips or if they are distressed sellers or something in between. I just think it’s interesting that we are now starting to see properties sell for less then what they were purchased for only a year ago. This seems to be happening more in the submedian market, and so far hasn’t attracted much attention from the local blogs, which are more interested in million dollar condos and other real estate porn (and I can’t blame em BTW, it’s more fun, and probably brings in more advertising dollars, but that’s just not what I am interested in).
So there you go…

:)
-missionite

]]> By: Jonesy http://blog.redfin.com/sfbay/2008/01/sf_year_end_stats_sources_doom_and_glee.html/comment-page-1#comment-2361 Jonesy Thu, 10 Jan 2008 04:39:53 +0000 http://blog.redfin.com/sfbay/2008/01/sf_year_end_stats_sources_doom_and_glee.html#comment-2361 I'm thrilled to see priced reduced. BRING THEM DOWN! I’m thrilled to see priced reduced. BRING THEM DOWN!

]]> By: anna http://blog.redfin.com/sfbay/2008/01/sf_year_end_stats_sources_doom_and_glee.html/comment-page-1#comment-2355 anna Wed, 09 Jan 2008 19:37:56 +0000 http://blog.redfin.com/sfbay/2008/01/sf_year_end_stats_sources_doom_and_glee.html#comment-2355 They do seem like flips, and we know that a lot of people got burned by interest only dreams that turned into market rate nightmares. Missionite (Submedian's own author) would be best at commenting on this. I have made an invitation... They do seem like flips, and we know that a lot of people got burned by interest only dreams that turned into market rate nightmares. Missionite (Submedian’s own author) would be best at commenting on this. I have made an invitation…

]]> By: Yerba http://blog.redfin.com/sfbay/2008/01/sf_year_end_stats_sources_doom_and_glee.html/comment-page-1#comment-2346 Yerba Tue, 08 Jan 2008 21:52:19 +0000 http://blog.redfin.com/sfbay/2008/01/sf_year_end_stats_sources_doom_and_glee.html#comment-2346 The submedian stuff is interesting as it seems to chart unsuccessful attempts to flip properties. Is that your read? The submedian stuff is interesting as it seems to chart unsuccessful attempts to flip properties. Is that your read?

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