The buying opportunities abound in San Francisco and condo shopping sprees are on the rise! This month, a tour of 40 executives from China will be ascending San Francisco, Boston, New York and Los Angeles in search of a sweet deal. I’d bet this is the first of many trips. Is this the sign of things to come? Does this mean we are at the bottom and the market is about to move up?
Avram Goldman, CEO of Pacific Union, posts recently that things are getting better all the time. I still hear about multiple offers on well priced homes. That is the key, a realistic seller and a motivated buyer. This market will flesh them out.
Buyers out there, keep looking seriously. We won’t be in this market forever.
jdavis@mcguire.com
