It's a particularly good time to be a luxury homeowner in San Francisco.
The Californian city tops Knight Frank's Prime Global Cities Index of prices for high-end real estate around the world.
Tech industry money has been pouring into San Francisco, helping push up the median asking price to more than $1 million.
The list features other cities with strong tech sectors, as well as emerging markets where new wealth is blossoming, and foreign investment hotspots.
These following cities worldwide boast some of the hottest luxury housing markets, based on where home prices are rising by some of the highest amounts in the past 12 months:
SF tenant incensed by landlord quadrupling rent...but turns out she was Airbnb'ing the place too! Who's right?!
This story is taking the city of San Francisco by storm. The rent at 355 Bocana is going up from $2,145 to $8,900. And landlord is also asking for increased deposit of $12k. It's all legal apparently as the owners converted the property into a single family. The tenant posted it to facebook and the masses rallied by her side. The landlords business nearby by publicly shamed .
But readers of real estate gossip site Curbed SF found out the tenant had been renting out her place on airbnb for years (most likely a lease violation). So who is right?! Oh what a mess!
The widely popular site Lighter Side of Real Estate featured many of the Million Dollar Listing Boys and me for this article . What are the commonalities?
1. They do not miss phone calls
2. They brand themselves in an unmistakable way
3. They take massive action
So flattered to know I'm doing *something* right ....for once!
760SanJose.com | Offered at $1,300,000
Parking: 1 car enclosed garage
Sq ft: 1800+
Nestled at the border of Noe Valley, this wonderful single family house offers the best of multiple neighborhoods. A commuter's dream, mere steps from tech shuttles. Ideally situated where Glen Park, Bernal Heights & Mission meet, enjoy all that these vibrant communities have to offer with Walkscore of 95. 760 San Jose boasts 4+ bedrooms, 2 baths, garage parking & over 1800 sq ft of living space. Ground floor is perfect as a chic guest quarters with it’s own kitchenette. Both floors have their own front entrances, yard access & laundry. Top floor features a rear bright bonus/den area. The unique floor plan makes a perfect investment property or large home. Rare opportunity! Contact me for details
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