The post San Francisco Home Prices, Market Conditions & Trends November 2021 first appeared on Paragon Specific.
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The post San Francisco Bay Area Real Estate Markets since 1990 first appeared on Paragon Specific.
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The post San Francisco Home Prices, Market Conditions & Trends October 2021 first appeared on Paragon Specific.
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Economists generally believe there should be a rational equilibrium in the cost of housing of different housing types. But after the pandemic hit, supply and demand shifted dramatically: SF median house prices are now up 13%, condo prices are flat, and rents down 17%. However, in 2021 all 3 have been rebounding in close to [...]
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A 3 month rolling trends will illustrate market seasonality – typical seasonal ups and downs in median prices – as well as broad, longer-term trends. The Q2 2020 to Q2 2021 decline in mortgage interest rates was a positive factor in household housing affordability percentages, but was outweighed by large increases in county median house [...]
In the first 6 months of 2021, over $6.7 billion in home sales were reported to MLS in San Francisco, 49% above the previous peak in 2018. The post San Francisco August 2021 Market Report: Sales, Prices, Trends first appeared on Paragon Specific.