Uncertainty in the SF Bay Area Real Estate Market

It’s been an eventful few years, but the biggest factor driving SF Bay Area real estate happened long, long ago.

 

 

It was about 650,000 years ago, in fact, when movement of the Pacific and North American plates created the San Francisco Bay, and our geologic circumstance was set in stone.

 

The absolute scarcity of land makes real estate a particularly desirable asset in uncertain times. Many see real estate as a hedge against inflation and a solid long-term investment with bonus tax advantages.

 

So, despite rising mortgage rates, inflation, a pandemic, and even geopolitical conflict… it’s not a big surprise that real estate market indicators remain strong in the Bay Area.

 

Buyer demand is still high, listing supply is still limited, and a huge amount of investment capital is still out there looking for a home.

 

Oh, and we’re not getting any more land.

 

The rocks beneath the Presidio are 100+ million years old.

 

Want a sure thing in uncertain times? Just step outside… and look down.

 

As always, please don’t hesitate to reach out with any real estate questions. We are happy and grateful to help you and anyone you send our way!

 

 

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Despite $405 Million Write-Down, Zillow Is Just Fine – Curbed

 

Where San Francisco ranks on homes selling over asking price compared to other cities nationwide – SF Chronicle

 

Will Rising Rates Bring Balance to the Housing Market? – First American Title

 

 

 

We’ve been fans of TED Talks since they first came online in 2006. Their latest animated short explores the big decisions—and bigger logistics—behind San Francisco’s most iconic landmark. Watch it on YouTube.

 

 

What’s stopping you from dancing in the streets? This year: nothing. Sunday Streets SF block parties are returning in 2022 to transform miles of streets into lively, car-free community spaces, starting in the Tenderloin on April 10th. Learn more on their website.

 

 

Houseplants are in vogue like nobody’s business, and nothing makes an impression like a colorful and fragrant orchid. This weekend, visit the 69th Annual Pacific Orchid Exposition at the SF County Fair building to get some for yourself and learn care tips from the experts.