Vigilance is the Name of the Game Today
San Francisco home inventory is nevertheless trending downwards, and yes, demand is still high BUT buyers are losing focus and could be missing out.
Yes, average values have gained +15% from last year alone and yes, in some places we are back to 2007 prices. But many folks are being distracted by the holidays and the like and shelving their home searches for now. Meanwhile, if you look around the City, you’ll see porta potty after porta potty – meaning that either people are remodeling their past purchases or they’re getting ready to come on to the market either now or in January. Either case, there’s opportunity to be had and you can’t let the other guy snap it up when you weren’t looking. So, stay vigilant!