House, Home Seller in San Francisco, CA

SF - Cow Hollow - Great 1BR Unit - Market Next Year???

Asked by House, San Francisco, CA Wed Oct 31, 2007

I have a great 1/1 unit in Cow Hollow. Garage, yard, amazing interior, etc.

I am confident that the market is at a low now and that the prices will pick-up next spring and summer once the overblown fears subside as prime property in SF will not only retain value - but it will increase in price.

Or am I wrong...

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1
Laury Macauley’s answer
Obviously, no one can say for sure where specific prices will go, but your guess is certainly on target with those of many professionals. The California Association of Realtors predicts that 2008 will be the low in the overall CA market and then prices will rise after that. However, that doesn't mean that prices in SF or in any specific community will wait that long to rise. All in all, if you don't need to sell now, I would wait until at least Spring when more buyers will be on the market. Just my 2 cents!
0 votes Thank Flag Link Wed Oct 31, 2007
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