Just HOW Unaffordable is SF Bay Area Real Estate?

For decades now, the SF Bay Area has been one of the most expensive regions of the US and even “The World”.  Right now, SF Bay Area home prices are at an all time high.  The median price paid for a home in the 9-county SF Bay Area in June was $735,000.   If you only…

The San Francisco Housing Crisis 2014

The San Francisco Housing Crisis 2014

The San Francisco Bay Area has recently seen a new population surge on the heels of surging tech sector job growth.  With the lack of new housing construction to keep up with the pace, housing affordability has plummeted and the Bay Area has renewed its reputation as the U.S.’s least affordable major metro area. According…

San Francisco Bay Area Home Prices Reach a New Post-Recession High

San Francisco Bay Area Home Prices Reach a New Post-Recession High

Typical late Spring trends are playing out for the San Francisco Bay Area right now, as sales volume has continued to pick up recently and inventory and sales volume have both nearly doubled since the beginning of the year.  The median price paid for a home in the Bay Area also rose to a new…

Important Things to Know About Buying and/or Owning a TIC property in San Francisco

Important Things to Know About Buying and/or Owning a TIC property in San Francisco

For those of you who own (or are looking to “Buy”) a TIC (Tenancy In Common) unit in San Francisco, here are some interesting facts to know about them: What IS a TIC?   A TIC (Tenancy In Common) property is one where two or more people co-own a single piece of real estate without…

A Seller’s Market Prevails Despite San Francisco Bay Area Real Estate Inventory On The Rise

A Seller’s Market Prevails Despite San Francisco Bay Area Real Estate Inventory On The Rise

Despite moderately strong sales and median home prices continuing to rise, San Francisco Bay Area Residential Real Estate Inventory rose for the 4th straight month in April and has now seen a cumulative increase of 75% since the beginning of the year. A total of 7,263 new and resale houses and condos sold in the…