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An Ever Changing Market

The media continues to sensationalize and send "doom and gloom" messages about the market. The fact is, in many areas across the country this is true. However, San Francisco is a micro-climate of markets. Some neighborhoods are still experiencing modest and increasing appreciation, while others are not. The City's "blue chip" neighborhoods are holding values well, especially in the high end arenas. The price point up to $1M seems to have some sensitivity, perhaps due to more stringent lending practices. Location is absolutely key now, and respective neighborhoods are performing differently.

Posted by Paul Ybarbo on 07/02/2008 11:58 AM

Comments (10)

san francisco, market, prices, media

This post has been included in California Information San Francisco County, CA Information San Francisco, CA Information

10 Comments on An Ever Changing Market

Great Blog- Keep them coming

Bill

07/02/2008 12:07 PM

by Bill C. Merrell, Ph.D. (Merrell Institute ~ Appraisal Education Network)

Yes, the Carolinas seem to be doing very well according to a realtor's blog yesterday. You'll never read about it in the paper though.

07/02/2008 12:23 PM

by Rebecca @ Schrader Inc. - Mobile Home Financing Specialists

Welcome to active rain Paul, congrats on your first post. Try to join a few groups for more exposure.

07/02/2008 01:25 PM

by Mike Jackson (Realty World Global)

Hey, Paul. Welcome to ActiveRain.

Media outlets like to grab onto news "stories" and drag them out ad nauseum. Here in Southern California on the Westside of Los Angeles, good listings priced right see activity and move at a reasonable pace. Just because the overall market is not in the throes of the insanity of 2003-2006 doesn't mean there's no business out there. As you say, there are definitely areas of the country (and definitely California) which are crushed by weak demand and a tsunami of foreclosures. When the news audience grows fatigued with "bad real estate" stories, you'll bet that "the recover is here!" stories will abound.

07/02/2008 02:26 PM

by Howard Wilson (Wilson Than Real Estate)

Welcome to the Active Rain community. You have chosen a great site with tons of information you can learn from.

07/02/2008 02:48 PM

by Canton Georgia Real Estate--- Dwayne West (Atlanta Real Estate)

Welcome to ActiveRain!

If you would like a few tips on getting the most out of ActiveRain, please visit my blog Welcome to Active Rain. It has a few simple steps of what to do now that you have joined.

If you ever have any questions, just let me know.

Troy Trumm

07/02/2008 05:35 PM

by Omaha Real Estate Troy Trumm - The Trumm Team (Alliance Real Estate)

Congrats on joining active rain! This is a great place to network and I see your off to a good start. Again, welcome and we look forward to seeing you around. Happy Blogging.

07/02/2008 08:42 PM

by Connie Rice & Partners - Greenville, SC Real Estate Team (Keller Williams Greenville Central)

Hello Paul,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!

-Keith

07/02/2008 11:18 PM

by Keith Elliott Jr -"Prince William County Real Estate Expert" (RE/MAX Olympic Realty)

Welcome to Active Rain. I hope you will enjoy it and learn from it as much as I do! Happy Blogging.

07/03/2008 03:28 PM

by Crystal Corr (Keller Williams Greenville Central)

Hi, welcome to Active Rain! I hope to see more of your blogs in the future. Learn from others, share your knowledge and experiences and enjoy yourself! Take care! ---Kirk.

07/03/2008 09:11 PM

by Kirk Westervelt - Greenville, SC Realtor (Keller Williams)

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