Tag Archives: san francisco market

Yes, SF Home Prices are Improving–Thanks, Forbes!

It’s Forbes’ opinion that San Francisco home values are on track to increase 14.3% by 2011. On the flip side, they’re predicting an 8.3% drop in prices by next June. Apparently, we have to work through all our foreclosures before things start heading up.

But is this foreclosure wave really ever going to arrive—to the extent that all the buyers who’ve been waiting for “deals” on their centrally located dream houses in San Francisco are finally satisfied? Continue Reading

SF Market Shifts Gears, For the Better

It’s been a challenging first half of 2009 in the San Francisco real estate market. But signs abound that indicate a shift for the better.

Take July, for instance—a good barometer for what to expect for the next half of the year. 235 single-family homes sold in July alone. And the luxury market even picked up speed. Of the 235 homes, 29 were sold for more than $1.5M, including five for above $5M. Multiple-offer scenarios and all-cash offers were reported by many agents, lending credence to my belief that there is still considerable money coming into San Francisco. Continue Reading

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Eileen Bermingham

Corcoran Global Living



DRE# 01352627

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