Home ownership in “the best place on earth” is a solid investment even in shaky economic times. The median price for single family homes and condos in San Francisco jumped from $780,000 to $810,000 between March 2006 and March 2008.  

Like any real estate market, we have month-to-month fluctuations. But compared to other markets across the country, we clearly have a continued historical strength and resilience in our local market.  And San Francisco continues to be one of the most coveted real estate markets in the country.

There’s lots to choose from, interest rates are low and San Francisco continues to be one of the best performing areas in the entire country. If you can afford it and are ready for the ‘five year hold rule’ it’s a great time to buy.
 

This entry was posted on Sunday, May 4th, 2008 at 6:37 pm and is filed under Investors, Market Conditions. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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