2019 Real Estate Trends

Green Escrow | Real Estate

The San Francisco Business Times has posted their 2019 residential real estate preview with the following highlights:

  • Yes, the San Francisco market remains very hot but the days of multiple bids and overbidding seem to be over, unless the property is an absolute stunner
  • Home price appreciation continues to slow – 3 percent in November over November 2017 – and analysts expect more of this in the immediate future
  • 8,000 new homes are scheduled to be built in Oakland in the next few years but experts wonder if it is simply too little, too late as rentals have increased by nearly 70 percent in the last five years and the city’s population has increased by 7 percent since 2010