San Francisco Real Estate Market Cycles
Posted by jenndavis on April 17, 2008
The San Francisco real estate market has its peak and valleys. Clearly the valleys are not as deep or devastating as the outlying areas of San Francisco, and we are quite blessed to be living and owning real estate in this city. Of course, there are certain neighborhoods in the city that may be a bit more weatherbeaten than others, but take heart. The longer you own, the better off you are. The attached chart demonstrates what can happen over several cycles. You can see the overall pace of growth of single family homes for past 30 years in San Francisco.
sf_single_family_dwellings_1970-20071
Everything goes in cycles. Buy for the long term. Just think what your home could be worth 30 years from today!
Stay tuned for more stats on property sales.
September 9, 2008 at 6:48 am
[...] 09 2008 This chart was sent via email (anonymously), but we’ll go ahead and give credit to where we think they found the info, and, of course, share with [...]