They looked at every home that was sold in the years 2003 and 2013, then compared the median sale prices, adjusting the 2003 prices for inflation.
What they found from comparing the more than 6,000 transactions completed in San Francisco in 2003, and the 8,000 done in 2013, was that prices are indeed on the rise in most parts of the city.
"It's a very hot, hot market, and this really underscores everything else everyone is talking about in San Francisco," Jorisch said. "Whether it's the rental market or sales market, there's not much available in San Francisco, and if you're intending to live there, it's costly. It's the best example of supply and demand out there."
Property Shark did some investigatin' and found that what they're saying about SF is true. Prices and rents be soaring!
My Property Beat Radio Interview! Secret Tips For Buyers in SF, Where's Market Headed & Whats 'Price to Entice' About?
Zumper crunched their numbers and found the rental increases weren't city wide since January 2013! Marina, SOMA, Dogpatch, Bernal Heights saw highest gains. But some places went down, contrary to popular belief.
Walkscore.com Ranks San Francisco As 2nd Best City to Live Car-Free After NYC (But Just By 1 Point! We Catching Up!)
Modern Luxury breaks down the cheapest and priciest rents around San Francisco: "According to a simple linear regression we ran, for every mile that you move away from San Francisco, you save $17 a month on rent."
Danielle Steele Defends Her Wall of Shrubs Around Her Pacific Heights Compound. It IS Impenetrable (I Sold Home Next Door. We did Try to Peek!!)
Catherine Bigelow chatted with the noted scribe about the "comically off-putting" shrubs in front of her limestone Pac Heights palace, Steel had this to say: "Sometimes I think San Francisco hates successful people ... No matter what I do, people say nasty stuff. I mean, the world is falling apart and people complain about my hedge. It's a mystery."
The Advocate placed San Francisco as 11th Gayest City in America!? People are all up in arms about this, but if you think about it, is it because gays are so inter-woven in the fabric of SF that it's just not that big a deal anymore?....Or is the methodology just screwed up?!...Probably both. HA! Did your city make the list?
OH NO! Another Casualty of SF Astronomical Rent: Haight’s Homeless Youth Drop-in Center Shutting Down. What About the Children?!
This is sad. The Homeless Youth Alliance is closing down this Xmas. The owners of the building terminated their lease, and plan to bring in a new commercial tenant. A city needs safe havens for homeless youngsters! My friend Steve Elias came to SF with nothing and stayed here while he got on his feet. He since went on to become a highly renowned stylist & is now Editor-In-Chief of TANTALUM Magazine. Not sure if that would have happened if he didn't have a place to crash temporarily.
When Tech Companies Rename Downtown San Francisco as #CloudCorridor, It's Cool. When Realtors Rename Area, They Are Slammed! WTH?
When realtors rename a neighborhood, all hell breaks loose! (ie, check out this scathing Bold Italic article about NOBE in Oakland) But when tech companies do it, they get praised to high heaven! What's up with that?! BuzzFeed has more.