Okay…it was bound to happen. After all that bad news about falling prices in the real estate sector, along comes some real estate professionals in San Francisco to say–hey, not here, buddy!–We’re Okay.
According to North Gate News Online (UC Berkeley Graduate School of Journalism)-some of the experts in SF insist the dismal housing prices “do not apply to the city.”
The site quotes Jay Costello, who is part of a family owned business dealing with high-end properties in SF as saying :” Real estate is very location specific, neighborhood specific, marketplace specific.” He went on to say, according to the piece, that in San Francisco, there are “way more buyers than sellers.” Costello says SF is “still a sellers’ market.”
Related posts:
- 2007-A Year Of Declining CA Housing Prices?
- Biggest Drop In New Home Prices In More Than 30 Years
- How much real estate can you get for $1
- “I Left My Home In San Francisco”;Bay Area Foreclosures Increase
- Median Home Prices Fall First Time in 11 Years
Article Author: Charles FeldmanCharles has written 179 articles for us.
Visit Charles's Website: http://www.thefeldmanblog.com
Charles is currently reporting for KNX Radio in Los Angeles, is the co-author of the book No Time To Think, and can be found commenting about the news on his blog, The Feldman Blog, as well as on The Huffington Post.
Joshua Dorkin
