How oil crushed California housing suburbs and U.S. auto manufactures. Oil prices keeping pressure on American suburbs.
Oil seems to be on the mind of many and not because of prices. The current oil spill reflects the massive demand around the world for liquid gold. Images of the spill flowing into the ocean reflect an insatiable demand for fossil fuels. Oil prices peaked above $145 and then fell under $40 during the [...]
Real estate across the bay – Looking at Hayward and San Mateo. California financial bubbles springing up once again in the Bay Area. Hayward up 56 percent from last year?
I wanted to compare two cities across the bay that are showing the split in California housing. In one select area we are seeing prices persistently high and in another area, we have seen prices come down hard. Yet the interesting thing about the data is that it shows us that both areas are seeing [...]
The Most Expensive County in California Examined – How San Francisco County Became the Most Over Priced Real Estate in California. 26% of Those Who Own Their San Francisco Home Would not be Able to Afford Their own Place if they Bought Today.
Only two counties in California have the honor of having a median price of over $600,000. Sure, we have areas like Beverly Hills with a median price of millions of dollars but this is still part of Los Angeles County. But to have a county like San Francisco with a current median price of $627,500 [...]