Color-Coding the Crisis in San Francisco
Back in July I wrote about real estate site Property Shark, kind of an online detective service for housing. Limited to 15 major markets, including SF, this site provides a long list of info on all homes, and you can get comparable and foreclosure info as well.
One of Property Shark’s more recent postings is a color-coded map of the month detailing which areas in our beloved 7×7 have seen a drop in the price of sales, drop in the number of listings sold, and rise in the number of foreclosures. Cleverly worded as Triple Bubble Trouble (if all 3 criterion exist), Double Bubble Trouble (2 criterion) or Single Bubble Trouble (you get the jist here). I see that there are even pockets that are not color coded, which leads me to believe that they aren’t in trouble at all.
Neighborhoods in Triple Bubble Trouble, appropriately colored red, include Chinatown, Western Addition, Upper Market, Castro, Twin Peaks, Bayview/Hunters Point, Sunnyside, Ingleside, Crocker Amazon, and Visitacion Valley. On the other end of the spectrum, those areas absent of color—meaning they seem to be faring well in this crisis—are the Marina, North Beach, parts of SOMA, and the Civic Center neighborhoods. The majority of the City is purple, meaning there are only 2 of the 3 criteria present, and there are only very small pockets of blue (other than bodies of water), indicating only one issue is at hand. I’ll keep an eye on future Bubble Trouble maps, hopefully to see more blue and less red.
