Just this past week, a major SF apartment landlord was reported to have given some 50+ apartment properties back to the bank. The apartment buildings reportedly represented about 1500 apartments in San Francisco.

My question is: Are other real estate professionals seeing similar activities in their cities or is this an isolated case?

If so what do you think the impact will be in your area with the overall rental market and condominium sales market?

Hang on we are in for a ride!!

For more information or details contact Ken at: kglidewell@pacunion.com

or visit his website at: http://www.KenGlidewell.com

 

 

 

 
This post has been included in California Information
Post is included in group: Realtors®
Post is included in group: Rainmaking - Internet Marketing Strategies

1 Comments on SF Apartment Market Impacted

JAN
31
593,026 Points 80 Featured Posts Outside Blog

I've not heard of this happening yet in my market, but I do know there are supposed to be some tremendous commercial real estate problems this year.  I wonder if this is the beginning?

9:17am • #1

Leave a response…



(optional)
What does the graphic say?
 
Rainmaker_large

Ken Glidewell

San Francisco, CA

More about me…

Pacific Union Real Estate

Address: One Letterman Drive, Building C, Suite 300, San Francisco, CA, 94129

Office Phone: (415) 345-3128

Cell Phone: (415) 816-2287

Email Me

Relevent real estate information for agents and clients alike.


Links

Archives

RSS 2.0 Feed for this blog

Find CA real estate agents and San Francisco real estate on ActiveRain.