San Francisco Market???

[La Jolla Renter]

Anyone have insight into what is happening in the San Francisco Market? What may happen?

Any site like piggington up there?

Is the market more stable because of the higher incomes?

I have a friend that is hell bent on buying now inside the city limits. He is convinced that it is much more bubble resistant than SoCal.

Thanks for the input.

[(former)FormerSanDiegan]

Bay area is on same sales trajectory as So Cal, though SF city proper is holding up. Perhaps it will be the last place to fall.

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/02/16/BUGQ8O5J151.DTL

http://www.dqnews.com/RRBay0207.shtm

[LA_Renter]

Here is a link to patrick.net’s blog. This was actually the first bubble blog. This is primarily focused on the Bay area.

http://patrick.net/wp/

[bob007]

I live in San Jose area. I rent an apartment. I like to prices to fall in the short run. I am skeptical for the following reasons

1. good paying tech jobs
2. significant environmental restrictions on building homes on open space.
3. influx of young dual income professionals
4. Google

I am not buying because I cannot afford a SFR

[DCRogers]

No worries on the environmental restrictions, not when you include point 5:

5. No open space until you get to Fresno

and

6. Even if Central Valley open space is built on, houses in Fresno don’t put much downward pressure on housing prices in San Francisco and Silicon Valley

[Enorah]

I am North of SF and have been following the market up here. Here is another bubble blog site from the area

http://www.burbed.com/

Lots of laughs on that one

Seems like prices still are not yet budging too much on the SF area. I am up in Sonoma County, and there are a lot of reductions going on but like down south, prices are still high in my opinion.

waiting. waiting. waiting.

[Author]

Posts