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I am sure few people here will deny it unless it gets translated on to CS index.
schmitz_kris,
your calls are answered by the right people. Keep it coming.
I've noticed that by the time CS reports, the news is too old already for anyone using it to time markets.
I'm local to SF and see no price decreases. Maybe about 4 or 5 months ago, then yes prices have decreased.
Data from my own scraping of thousands of local prices also seems to show SF prices are indeed down in the last year and half.
Still- prices in Mountain View and Sunnyvale are WAY overpriced for a single person or family earning less than 200k a year.
year 2000 is useless to measure the begining of the bubble in SFBA.
year 2000 is useless to measure the begining of the bubble in SFBA.
Don't tell a frog to look outside its well!
http://www.sfgate.com/cgi-bin/article.cgi?source=patrick.net&f=/c/a/2011/08/17/BUD91KO7CA.DTL
It's the first link in today's news (over on the right here at patrick.net).