Flat Home Sales in San Francisco, And What That Really Means

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Newly minted millionaires from several anticipated Initial Public Offerings are big news these days in the Bay Area, and anyone paying the least bit of attention knows why. Coupled with the recent drop in interest rates, this anticipation is adding pressure to an already undersupplied housing stock. But according to the data thus far, sales of homes in San Francisco have been flat.  By the Numbers Core Logic, a data firm in Orange County, ran the numbers for a recent report

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San Francisco Home Prices & Demographics – Numbers to Know

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The November Case-Shiller Home Price Index for the San Francisco Metro Area was recently released, and we’re sharing some highlights. We’re including a look at the ancestry/county of origin/ethnicity in nine Bay Area counties. Pop quiz before you dive in! Any guesses about the top three nationalities among Bay Area residents? Short-Term Home Price Fluctuations Here, we see short-term changes in home prices by price tier. While lower-priced tiers appreciated faster than high-price their homes since the spring of 2016,

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Where Renting is Most Expensive in San Francisco

For those of us living in San Francisco, it’s no surprise the price of housing is a big concern both locally and nationwide. San Francisco in fact has been the country’s most expensive rental market (for one bedroom units) since August 2014 when our City by the Bay claimed the top spot over New York City. Thanks to our friends at Trulia, here’s a breakdown of the San Francisco’s neighborhoods where rents are highest: San Francisco Neighborhoods with the Most Expensive 1-Bedroom Rentals

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Let the Game of Chicken Begin!

We’ve seen more inventory since the fall selling season began than we have in several years in the city, with the excellent properties still moving at a record pace, and the just decent properties taking longer to sell. What happens now to the fully respectable but possibly not excellent properties is a game of who will blink first– the buyers or the sellers. Will the sellers reduce their price, pull it from the market and re-list in spring, just rent

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