Properties in the $1.5M+ price range in San Francisco have been selling at quite a reasonable pace, considering our current economic challenges. Unsurprisingly, the city continues to attract buyers with substantial wealth, and these buyers are deciding to snap up luxury real estate.
But make no mistake: Just because luxury buyers have the money to spend, it doesn’t mean they aren’t also looking for a deal. And sellers in higher price ranges are discovering that they may need to get realistic about their properties’ value. Continue Reading