unscientific, it's true, but 'hot' and 'desirable' have always been in the eyes of the beholder...
And for investors, there are many opportunities, especially because the SF rental market remains strong.
It seems like almost every day we are bombarded by reports of the crisis in the housing market, the impending recession, and other forms of doom and gloom. I often wonder how much of this we create by putting our attention on how bad things are when they really aren't.
This morning there is news that the Fed has cut interest rates by 3/4 of a point. This should be good news for mortgage rates. And if they do go down, it will make buying real estate in San Francisco even more attractive.
Some Buyers are Waiting Patiently for Prices to Drop...While Sellers Hold Back Great Property 'Til the Market Strengthens
Bursting Bubble? I Don't Think So...