An elegant white clock featuring 'DANIELLE LAZIER REAL ESTATE LOGO' on a sleek black background.Vivre Real Estate logo

This Time Baby...We'll Be Bullet-Proof: San Francisco Real Estate Market Improves Again This Year

September 12, 2011

San Francisco, Bay Area's Sole County to See a Real Estate Value Increase Last Year

San Francisco, which has been the most bulletproof county during the downturn, was the only one where the roll rose last year (by 4 percent). This year, it was up by 1.3 percent, the biggest increase of any county.

"Our residential market bottomed out last year and it is still on the road to recovery," said Assessor Phil Ting. "We haven't seen properties being restored to prior values yet, but we will probably see that in the next year or two."

Read more: Bay Area Home Values Flatten Out

Not that this is a surprise to us at SFHotlist. As readers know, I called the real estate bottom in 2010, noticing that 2009 seemed to be the "worst" year for San Francisco home values....but I did negotiate many sweet deals for home buyers so I guess it depends on your perspective bc in retrospect, it was an awesome time to buy a home...if you could qualify for a loan! But broadly, it was really tough. Lack of liquidity, lack of bank lending, fear, stress, rising unemployment...all in all, I am glad 2009 is behind us.

But back to the good news. San Francisco does seem bullet-proof, doesn't it? Of course, we suffered along with everyone else. Watching, "Too Big to Fail" over the weekend was a vibrant reminder. And yet, San Francisco is resilient. This is an amazing place to call home and a lucky place to own a piece of the real estate pie.

SF Bay Area Real Estate Market

And just because I heart La Roux... [youtube]http://www.youtube.com/watch?v=NQdC7h609k8[/youtube]

Yelp logo
286 reviews
View All
Zillow logo
204 reviews
View All
Danielle Elazier Realtor on Google My Business- image of Google my business logo
204 reviews
View All

Danielle lazier real estate team

We care deeply about our clients and our commitment to exemplary results. Working with us should be a good fit for you. If you feel our team is the right fit for you and you’d like to talk with Danielle to make sure, contact us today for your complimentary initial consultation.
Contact Me

Do You Need Another Real Estate Newsletter?

Probably not. Yet, in our biased opinion, you should definitely sign up for our twice-monthly email for market insights, webinar invites, local news, gorgeous homes, and more. We never share or sell your information. And, when you’re ready to work with us, please email or call to discuss your plans. We’d love to help!
Consent
Danielle Elazier botanical illustration - 3 different California poppy flower branches. Black and white with line art
Danielle Lazier REAL ESTATE
Privacy PolicyAccessibility StatementTermsCalifornia Privacy PolicyCCPAYour Personal Info
View Full Street Address SAN FRANCISCO, CA 94114 (415) 528-7355 ©2011 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.
enteruserclockcross