Market Updates

Working with us makes you an insider. We see buying and selling real estate as a creative process, and we like to share. We believe that well-informed clients make the best partners. The results speak for themselves.

Real Estate Roundup: Is the U.S. Headed for a Housing Inventory Crisis?

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

The Bay Area’s Five Fastest Appreciating (and Depreciating) Housing Markets

Check out the 10 Bay Area ZIP codes that experienced the largest housing price gains and losses.

Real Estate Roundup: The College Degree That Buys a Home the Fastest

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Real Estate Roundup: How Much Does a Golden Gate Bridge View Cost?

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Market Focus Report April 2017

With the improved employment rate and wages, the number of people participating in the home-buying process has increased. SFAR’s April Market Focus Report thinks this creates great opportunities!

Market Focus Report March 2017

When the year began, most people were worried about the direction 2017 was headed. Luckily, SFAR’s March Market Focus Report can put us at ease, as the first quarter was off to a good start.

Market Focus Report February 2017

Buyer activity is easily outpacing seller activity in much of the country, culminating in relatively quick sales and low supply.

Real Estate Roundup: Silicon Valley Is Still the Most Profitable U.S. Market for Home Flippers

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Market Focus Report January 2017

January usually brings out a rejuvenated crop of buyers with a renewed enthusiasm for a new year. But in case you missed it, we have a new U.S. president, and in his first hour in office, removed the .25 percentage point rate cut on mortgage insurance premiums for loans backed by the FHA.

Direct From CES: Digital Gadgets Galore and Smart Home Technologies

This year’s International CES didn’t disappoint. It showed off a dazzling array of digital gadgets you didn’t know you needed.

Q4 2016 Real Estate Report

The Q4 2016 Real Estate Market Report – brought to you by Payton+Binnings in conjunction with Christie’s/PUI!

San Francisco: Still a Top Five Global City for Foreign Real Estate Investors

San Francisco has ranked fifth best city for real estate investors on a global scale, unchanged from last year’s survey. It also ranks as the fifth most popular U.S. city for real estate investors

Real Estate Roundup: Voice Control Is the Leading Smart Home Feature

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Which Bay Area Housing Markets Are Hot and Which Are Not?

A review of the housing market performance of individual Bay Area cities and how they compare.

Real Estate Roundup: Apple’s New Campus Boosts Silicon Valley Home Prices

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Q3 2016 Real Estate Report

The Q3 2016 Real Estate Market Report – brought to you by Payton+Binnings in conjunction with Christie’s/PUI!

Smart Home Technology Gains Traction With Home Remodelers

Nearly half of all homeowners are adding smart technology upgrades when they undertake a remodeling project.

Real Estate Roundup: Very Few Bay Area Millennials Own Homes

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Q2 2016 Real Estate Report

The Q2 2016 Real Estate Market Report – brought to you by Payton+Binnings in conjunction with Christie’s/PUI!

Real Estate Roundup: Golden State’s Energy Costs Are a Bargain

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

What Did Bay Area Home Prices Look Like 25 Years Ago?

We examined archived data from the California Association of Realtors to find out just how different U.S., state, and Bay Area home prices were when Joe Montana was the king of San Francisco and Mark McGwire and Jose Canseco reigned supreme in Oakland.

Real Estate Roundup: Affordable Housing, Top Schools Mix in These Bay Area ZIP Codes

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Bay Area Inventory Opened Up in February but Remains Low

Inventory improved throughout most of the Bay Area from January to February, although the supply remains tight, helping to drive more homebuyers to inland markets both locally and statewide.

Market Focus Report January 2016

December gives way every year to the optimism of January. This is particularly pronounced when the economy is strong and economists across the land are predicting increases in both prices and home sales.

Market Focus Report December 2015

Residential real estate is considered a healthy piece of the national economy. Declining unemployment, higher wages and low fuel prices have also conspired to improve personal budgets.

Real Estate Roundup: San Francisco Millennials Are the Nation’s Highest Taxed

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

To Panic or Not to Panic: Think the Bay Area’s Real Estate Market Has the Jitters?

Real estate economic analysis, insight, and advice from leading expert and Pacific Union Economist Selma Hepp.

Real Estate Roundup: Bay Area Vacancy Rate Almost Nonexistent

VACANCY RATES EXTREMELY TIGHT IN SAN JOSE, SAN FRANCISCO The number of people flocking to the Bay Area to take advantage of our region’s booming economy, pleasant climate, and active lifestyle has pushed down local vacancy rates to the lowest in the U.S. while drivng up home prices and rents. RealtyTrac’s Q1 2016 U.S. Residential […]

Q4 2015 Real Estate Report

The Q4 2015 Real Estate Market Report – brought to you by Payton+Binnings in conjunction with Christie’s/PUI!

U.S. Home Sales Projected to Reach Decade High in 2016

U.S. home sales should climb in 2016 to levels we haven’t seen since the last housing boom — with millennials leading the charge — as continued economic prosperity appears to be on the horizon.

Market Focus Report November 2015

Residential real estate is experiencing its best year since the recession. Home sales are actually set to have their best national showing since 2006.

Market Focus Report October 2015

Transitory periods in the market are common this time of year and jobless claims have also been at low levels.

Real Estate Roundup: Credit Restrictions to Ease in the New Year

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

3 Bay Area Cities Rank Among America’s 10 Greenest

It’s no big surprise that three of our local cities rank among the “greenest” in the U.S. Green communities, resulting in happier and healthier residents, but also helping to boost local economies and property values.

Pacific Union, John Burns Real Estate Consulting Offer Bay Area 2018 Outlook

For the second straight year, Pacific Union will join forces with Irvine, CA-based John Burns Real Estate Consulting to forecast real estate activity and economic conditions across the Bay Area.

Market Focus Report September 2015

With positive economic news coming from many angles, there are no imminent factors to prepare for beyond the typical seasonal drop-off. The one thing we were anticipating in September, an increase in interest rates, did not happen. It most likely will before year’s end. Until then, get out and enjoy the season.

Market Focus Report August 2015

With the economy on full mend, the Federal Reserve has predicted a fine-tuning of monetary policy before the year ends. In tandem with the improved economy, the unemployment rate remained at 5.3% for the second month in a row.

Real Estate Roundup: The Best Day of the Year to Buy a Bay Area Home

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Bay Area Millennials Pulling in the Nation’s Biggest Bucks

Generation Y workers in the Bay Area earn the largest salaries in the U.S. for their age group, as this demographic represents the largest share of home buyers.

California Homeowners Hesitant to Sell Due to Affordability, Inventory Concerns

Rising prices have tempted some California property owners to consider putting their homes on the market in the past year. But the majority are wary of actually pulling the trigger, as they are not sure where they will find their next home.

Real Estate Roundup: Bay Area Median Home Price Just Shy of Record High

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Market Focus Report July 2015

According to the U.S. Census, the rate of home ownership is at its lowest since 1967.

3 Factors Contributing to Bay Area Home Sales Declines

So what’s causing the drop in sales at a time when so many people want to own a home in the Bay Area? Pacific Union CEO Mark A. McLaughlin believes that three major factors are at work.

Q2 2015 Real Estate Report

The Q2 2015 Real Estate Market Report – brought to you by Payton+Binnings in conjunction with Christie’s/PUI!

Market Focus Report June 2015

Having six months of 2015 data in the books is great, but it is still just intermission at this halfway point of the year.

Market Focus Report May 2015

The U.S. economy has been pretty even so far this year. Nobody is predicting that the market will take a sudden turn.

Real Estate Roundup: Bay Area Buyers Willing to Pay Large Premiums for the Right Neighborhood

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

25 Pacific Union Professionals Rank Among Nation’s Best for Sales

The Payton+Binnings team, along with 24 of our colleagues at Pacific Union, have been ranked among the top 250 real estate professionals in the US on REAL Trends & The Wall Street Journal’s ‘The Thousand List.’

Real Estate Executives Forecast More Growth in 2016

New home sales and prices should rise in the coming year, while the chance of a downturn over the next three years appears less likely than it did one year ago.

Market Focus Report April 2015

As we turn the page to the second quarter of 2015, a proliferation of new listings is expected in most markets across the U.S.

Market Focus Report March 2015

On average, more people are employed and making more money than they were at this time last year. All expectations in 2015 are for a healthy and energetic selling season.

Real Estate Roundup: Bay Area Homes Selling Fast This Spring

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Market Focus Report February 2015

There has been talk of abundant cold and snow this winter (unless you happen to live in California!). When weather patterns turn bad, like wicked bad, real estate industry pundits tend to go gloom, assuming that Americans hungry for homeownership are bothered by a little frozen precipitation. The nation will unfreeze, inventory is expected to […]

Real Estate Roundup: Silicon Valley a Hot Spot for U.S. Millionaires

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

San Francisco County’s Plan to Ease Housing Crunch

Mayor Ed Lee hopes to address affordability and pent-up demand in a plan to introduce 30,000 new and rehabilitated housing units throughout the city.

Market Focus Report January 2015

Housing inventory remained tight in January, but we hope to see an increase as Spring draws near.

Real Estate Roundup: Bay Area Real Estate Markets Tops for Flips

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Q4 2014 Real Estate Report

The Q4 2014 Real Estate Market Report – brought to you by Payton+Binnings in conjunction with Christie’s/PUI!

Market Focus Report December 2014

The market has shifted from being drastically under supplied to approaching equilibrium. Price gains are still positive but less robust than last year.

Bay Area Cities Rank Among Nation’s 10 Most Livable

Three of our local communities have been named among the 10 most livable in the U.S., which should help drive continued demand for local real estate in 2015.

Real Estate Roundup: Will San Francisco Rental Property Owners Soon Cash Out?

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Market Focus Report November 2014

With 2015 near, some are pontificating about a potential change in interest rates. With virtually no inflation, rates will likely remain low for most of 2015 but could flirt with 5.0 percent toward the end of next year.

Bay Area Real Estate Outlook 2017: 5 Key Takeaways

Pacific Union CEO Mark A. McLaughlin, JBREC CEO John Burns, and JBREC Senior Vice President Dean Wehrli  introduced the report and expanded on the factors that will shape the Bay Area and Tahoe/Truckee real estate landscape over the next three years.

Q3 2014 Real Estate Report

The Q3 2014 Real Estate Market Report – brought to you by Payton+Binnings in conjunction with Christie’s/PUI!

Real Estate Roundup: Bay Area Rent Prices Increasing Faster Than Home Prices

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Market Focus Report August 2014

The macro trend is still positive; the micro trend involves more moderate pinching up and down the month-to-month timeline.

Real Estate Roundup: Silicon Valley – Home to Highest Salaries in U.S.

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Market Focus Report July 2014

Rising inventory levels will lead to more choices for qualified buyers, but as the summer reaches toward fall, the prospect of more homes coming on the market begins to wane.

Q2 2014 Real Estate Report

The Q2 2014 Real Estate Market Report – brought to you by Payton+Binnings in conjunction with Christie’s/PUI!

Three Reasons Why This Housing Cycle Is Not a Bubble

“Warren Buffet said, “Buy all the real estate you can,” in a 2009 television interview. I suspect we will all feel the same way in 2019 when we look back at today’s market.”

Market Focus Report June 2014

Housing seemed to have a slow start to the spring selling season, but appearances deceive.

Bay Area a Top Destination for Buyers From China — and From France and Russia, Too

NAR said that San Francisco was also a top destination for buyers from France, Russia, New Zealand, and Singapore who conducted property searches on Realtor.com in May.

Statistics Reveal ‘Typical’ California Homebuyer

The typical California home buyer is 48 years old and an ethnic minority, with a college degree and a household income of more than $100,000.

Bay Area Still Best in U.S. for Job Satisfaction

Bay Area employees are also the most satisfied in the country, an intangible that will surely help our region continue to attract highly skilled workers and drive fierce demand for housing.

Market Focus Report May 2014

The American Dream of home ownership is alive and well, but here in San Francisco, buyers must contend with an array of market factors.

Real Estate Roundup: Bay Area Home Sales Bloom in April

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Real Estate Roundup: Home Flippers Net Handsome Profits

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Q1 2014 Real Estate Report

The Q1 2014 Real Estate Market Report – brought to you by Payton+Binnings in conjunction with Christie’s/PUI!

Market Focus Report March 2014

Low inventory has been the headline grabber across the nation, but it’s especially evident here in San Francisco where properties continue to be snapped up at a furious pace.

Market Focus Report February 2014

As mortgage delinquencies fade, banks are listing bargain-priced product less often. That means investor activity – which accounts for a substantial market share – is moderating.

Market Focus Report January 2014

Potential trends to watch for in 2014 include increased seller activity, more new construction and fewer foreclosures on the market.

Real Estate Roundup: Bay Area Luxury Home Sales Reach Record Highs

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

San Francisco Metro Area Posts Big Home Price Increases for Ninth Straight Month

Home price appreciation in the San Francisco metro area remained robust in November, with 20-plus percent year-over-year gains for the ninth consecutive month.

Q4 2013 Real Estate Report

The Q4 2013 Real Estate Market Report – brought to you by Payton+Binnings in conjunction with Christie’s/PUI!

Market Focus Report December 2013

Here in San Francisco, the proverbial glass remained more than half full throughout the year.

Real Estate Roundup: Study Shows Winter Hottest Season for Home Sellers

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Market Focus Report November 2013

As families gather together, fewer house hunters are scheduling showings and writing offers.

Market Focus Report October 2013

This year has been spectacular for residential real estate. Robust gains in sales and prices were felt throughout San Francisco’s 10 Residential Districts, with median single family home prices cresting the $1 million mark in both April and May.

Foreclosures Take a Steep Dive in California; Shadow Inventory Is Gone

A year ago, as the housing recovery started to take hold in California, analysts warned of a “shadow inventory” of homes on the verge of foreclosure that could stop the recovery in its tracks.

Q3 2013 Real Estate Report

The Q3 2013 Real Estate Market Report – brought to you by Payton+Binnings in conjunction with Christie’s/PUI!

Market Focus Report September 2013

While children returned to classrooms in September, buyers continued to scour the City for available housing stock and sellers closed transactions in fewer days than any other month this year.

Americans Staying in Their Homes Longer

Americans today are staying in their current homes longer than at any time in at least the past 50 years, and it’s not just a result of the 2007-2012 housing downturn.

Real Estate Roundup: Homebuilders Keep Busy

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Market Focus Report – August 2013

Despite rising mortgage rates, single-family homes, condos, TICs and cooperatives throughout the city were snatched up in an average of 37 days.

Bay Area Ranks High Among US Housing-Recovery Leaders

Two Bay Area regions rank among the top five leading the U.S. housing recovery, outperforming most of the nation in decreased foreclosure activity, growing median price, fewer underwater homes, and rising employment.

Real Estate Roundup: Bay Area Sales Volume Reaches Seven-Year High

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Market Focus Report – July 2013

Housing continues to help the greater economy with flourishing activity in sales and prices. Housing has made a positive contribution to real GDP growth for 11 consecutive quarters.

The Bay Area’s Hottest Real Estate Markets

Over the past year, Bay Area homes have become an extremely valuable commodity, as buyers grapple not only with rising prices but also slim supply.

One-Third of US Homebuyers Willing to Pay More Than List Price

In certain regions of Bay Area, above-list sales prices have been the norm for the past year.

Q2 2013 Real Estate Report

The Q2 2013 Real Estate Market Report – brought to you by Payton+Binnings in conjunction with Christie’s/PUI!

Market Focus Report – June 2013

Housing activity is a bright spot in the current economic recovery. Watch for continuing indications that more homes are selling in less time and at higher price points.

Real Estate Roundup: San Francisco Prices Expected to Lead US in 2014

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Real Estate Roundup: City Home Prices Edge Suburbs in Most US Metro Areas

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Housing Inventory Levels Continue Upward Trend in US, Bay Area

We’re not out of the woods yet, but housing inventory levels seem to be improving in the Bay Area and the U.S. after a long, painful drought.

Market Focus Report – May 2013

While our unique neighborhood market conditions may differ, the market as a whole has summertime heat.

Real Estate Roundup: Trouble Getting a Loan Means Trouble Buying a Home

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

San Francisco, Santa Rosa Metro Areas Ranked Among Top 25 Spots for Home Flipping

Did home flipping make a big comeback in the Bay Area last year? A recent report suggests that’s the case.

To Buy or Sell First in Today’s Hot Bay Area Real Estate Market?

The age-old real estate quandary of whether to buy a new home or sell your existing property first can prove tricky in any market.

Market Focus Report – April 2013

Spring has sprung alongside housing prices.

Q1 2013 Real Estate Report

The Q1 2013 Real Estate Market Report – brought to you by Payton+Binnings in conjunction with Christie’s/PUI!

Market Focus Report – March 2013

Love and (Bidding) Wars in the San Francisco Home Market

Real Estate Roundup: Lending Standards Loosen, Bright Forecasts for Spring

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Housing Leads California, U.S. Recovery, Signals Strong Sales in 2013 — UCLA Analysis

The prospects for robust real estate activity in the coming year just got a shot in the arm with a report from UCLA’s business school that predicts a steady drop in unemployment across California and continued improvements in the state and national economy.

Market Focus Report – February 2013

San Francisco homes continue to sell fast and high as inventory drops.

Busy Season for California Homebuyers Is Just Ahead — Are You Ready?

Springtime is just around the corner, and that means a whole new crop of prospective homebuyers will soon emerge in towns and neighborhoods across the Bay Area in search of the home of their dreams.

San Francisco’s Housing Market in Two Words: ‘Healthy’ and ‘Booming’

San Francisco is home to the second-healthiest housing market in the United States, according to a recent analysis, a distinction that bodes well for home buyers and sellers all over the Bay Area.

Real Estate Roundup: Luxury Homes in Demand; Mortgage Rates, Home Prices Rising

Here’s a look at recent news of interest to home buyers, home sellers, and the home-curious.

Market Focus Report – January 2013

San Francisco housing market maintains positive outlook for the new year.

Q4 2012 Real Estate Report

The Q4 2012 Real Estate Market Report – brought to you by Payton+Binnings in conjunction with Christie’s/PUI!

2012 to Set a Record for Housing Affordability

The year 2012 was one of the most affordable years ever to buy a home as prices hit bottom and mortgage rates set record lows.

A Last Look at a Busy Year in Bay Area Real Estate

The new year dawns with bright prospects for an active and successful year in Bay Area real estate.

Strong Jobs Report Helps Ring in the New Year

The latest employment numbers confirm that the Bay Area continues to drive California’s economic recovery, with employers increasingly calling back laid-off workers and thousands of new jobs helping to expand the economic base — and keep our real estate markets busy well into the new year.

Market Focus Report – December 2012

San Francisco housing market remains upbeat throughout holiday season.

A Look at Real Estate Trends in the New Year

The new year is less than two weeks away, and with it come all sorts of questions and uncertainties about the housing market in 2013.

Conditions Are Improving, but Tight Housing Supply Is Limiting Growth

The tight supply of homes for sale in Western states held back pending sales in October, according to a report from the National Association of Realtors.

Market Focus Report – November 2012

While the fall season typically signals a slowing down for most real estate markets, San Francisco’s housing market has continued to remain active and in some areas, vibrant.

Bay Area Job Growth, Healthy Housing Markets May Outshine Washington’s Fiscal Cliff

Like the Grinch at Christmas, dire warnings of an approaching “fiscal cliff” threaten to steal any goodwill remaining from the November elections and turn the holiday season into a political nail-biter.

Bay Area Leads U.S. in Home Price Gains; Homeownership Still Lags

The Bay Area leads the nation in rising home prices over the past three-and-a-half years, according to statistics the Wall Street Journal compiled from the monthly S&P/Case-Shiller Home Price Index.

Realtors’ 2012 Housing Survey: Competition Is the Name of the Game in California

A highly competitive market pushed California’s housing recovery into high gear in 2012, forcing homebuyers into bidding wars for available homes and rewarding sellers with the strongest prices seen in years.

Q3 2012 Real Estate Report

The Q3 2012 Real Estate Market Report – brought to you by Payton+Binnings in conjunction with Christie’s/PUI!

3 Marin County Towns Among Favorite Seaside Spots

Not one, but three Marin County towns have been named to an exclusive list of America’s Happiest Seaside Towns.

Bay Area Real Estate Is Up, Even Though U.S. Ecomony is Down

U.S. employment numbers released last week helped renew fears that the U.S. economic recovery is sputtering, but it’s a very different story here in the San Francisco Bay Area.

America’s View of Real Estate Professionals Improving

Americans are increasingly confident in the honesty and integrity of real estate professionals, according to a recent Gallup poll.

Christie’s/Pacific Union Expanding To Lake Tahoe!

Pacific Union is the largest independent real estate firm in the Bay Area, and we’re getting bigger!

May Real Estate Market Update

It’s a sellers’ market across the Bay Area, with buyers in April snapping up properties in all six counties served by Pacific Union / Christie’s real estate professionals.

Multiple Offers Are Back – But With a Twist

Looking for signs that a housing recovery is finally taking hold in the Bay Area? Look no further than the number of multiple offers we’re seeing in properties across the region.

Vacation Homes Give Housing Markets a Lift

Weekend getaways and summer vacations are good at reviving your spirits. Turns out they’re good at reviving the housing industry, too.

America’s Cup a Draw for SF Homebuyers

There’s a new real estate boom under way in San Francisco, with a select group of properties commanding top prices among buyers frantic to make a deal. And it’s all due to the America’s Cup.

Housing Down? Not In Our Back Yard.

A pair of home sales reports released this week seemed to splash cold water on the prospects of a housing market recovery. But here’s one thing the reports don’t mention: You can’t paint the Bay Area with the same broad brush as the rest of the country.

San Francisco Market Focus Report | April 2012

As inventory remains low and unchanged, San Francisco homes sell even faster.

Christie’s/PacificUnion Named to 2012 Power Broker List

The accolades keep coming for Pacific Union International: We have been named one of the nation’s top “Power Brokers” in a report just released by RISMedia’s Real Estate Magazine.

Christie’s/Pacific Union of San Francisco Ranked #5 in USA for Agent Productivity!

It’s official: Christie’s / Pacific Union International’s sales professionals are among the most productive in the United States!

San Francisco Market Focus Report | March 2012

Poignant observations of our local market from our friends at the San Francisco Association of Realtors…

Finally a Good Time for Sellers?

Market dynamics are setting the stage for an amazing post-Super Bowl selling season, absent one critical ingredient. Sellers are now encouraged to join the party! In all six Bay Area counties served by Christie’s/PUI, properties under contract are growing at accelerating and exciting rates.

NYT: If Silicon Valley Costs a Lot Now, Wait Until the Facebook Update

As the New York Times reports: “It will be some time before the first Facebook shares are sold to the public, and even longer before Facebook’s employees are able to turn their paper wealth into cash and officially take their places as the newest members of the 1 percent. But the mere anticipation of the event may pour a little kerosene onto what is already a fairly hot local real estate market.”

San Francisco Market Focus Report | February 2012

Low interest rates and spring-like weather have brought more buyers into the market—but despite these encouraging trends, inventory has tightened. The San Francisco Association of Realtors weighs in.