Categorized | Featured, Residential

San Francisco Real Estate Home Sales Up 13.6%

San Francisco Real Estate Home Sales Up 13.6%
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The latest report obtained from the Coldwell Bank which is showing a big turnaround in the luxurious hosing market of San Francisco has been updated by a well-known Bay realtor of America “Cece Doriko”. The person has some specialized degrees in Real Estate Broking and Forest Hills. The report shows a great mark up of 13.6 percent in home sales which was obtained just in the beginning of the year 2011 and was never achieved before like this.

According to the realtor, it is not new for the people of San Francisco that these luxurious properties often face some downfall in different time periods and then again start catching the attention of real estate brokers. Luxurious properties of San Francisco like “Pacific Heights Luxury Real Estate” have always been the center of attention for the lenders and borrowers of real estate market. After this biggest turnaround they have been started investing in the properties of San Francisco again which has made the Real Estate Market of America more stable than other countries.

This is going to be the real celebration for the realtors as the sale price of luxurious properties was going down from several years and even tough the increase of 3.9 percent was observed at the end of 2010 the value went down again by 4.3 percent which was not looking better at all. According to Doriko, even you see these types of downfall in real estate market you will still find the neighborhood premium places like Pacific Heights or Forest Hills at the same place where they were used to before a few years back.

 

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About James Pattric

James writes for the Residential category (along with Josh Johnson) and also heads up the Resources category.

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