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San Francisco Real Estate For Sale: Fared Best in ALL Bay Area!

April 21, 2009

Discover the Best San Francisco Real Estate for Sale


Digging a little deeper into last Friday's SFGate.com article entitled, "Home prices hint they're nearing bottom," I found a nice, fun fact about San Francisco Real Estate for sale.

"San Francisco continued to hold up best in March, with the median off 24.2%, at $626,500." Sorry, Contra Costa County, you fared the worst with a 47.4% drop in home values to $215,000.

Sure, we may or may not have hit bottom. Sure, home values may or may not continue to decline. No one has that elusive crystal ball, neither you nor I.

Yet, there is strong evidence to suggest that communities like San Francisco will continue to hold their values better than neighboring counties. Why? Supply and demand is a major part of the equation and should not be underestimated.

Even though the "numbers may not make sense" from a traditional perspective, I, for one, am happy I own a home in San Francisco. The potential for appreciation here is just fundamentally greater than in areas that are not finite.

For example, where I'm from in Dallas, TX, there is a lot of land. All one needs is a new Walmart, Cineplex, and Chili's and you've got a new mecca! When I was in high school, Plano,TX was really far away! Or so it seemed. Now, Plano is practically considered city center b/c the suburbs have moved so far past it...almost to Oklahoma! Seriously.

And yes, smartie-pants, I read that Economist article, "Shelter, or burden?" More on that later! 😉

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View Full Street Address SAN FRANCISCO, CA 94114 (415) 528-7355 ©2009 VIVRE REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. IF YOUR PROPERTY IS CURRENTLY LISTED WITH ANOTHER REAL ESTATE BROKER, PLEASE DISREGARD THIS OFFER. IT IS NOT OUR INTENTION TO SOLICIT THE OFFERINGS OF OTHER REAL ESTATE BROKERS. WE COOPERATE WITH THEM FULLY. EQUAL HOUSING OPPORTUNITY. ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED AND SHOULD BE INDEPENDENTLY REVIEWED AND VERIFIED.
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