What Falling Prices? Asks San Fran Real Estate Pros, Says Report
Author: Charles Feldman • URL: http://www.thefeldmanblog.comOctober 30th, 2006 •
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.”
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Tags: estate, Francisco, homes, housing, prices, real, San
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