Is the market in the Mission area going to stay flat for a while or rise or fall?

Asked by Doug, San Francisco, CA Mon Oct 15, 2007

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Charlie Mader, Agent, San Francisco, CA
Wed Oct 31, 2007
Hello;

Prices in the Mission will likely begin to rise in the Spring after two declining years. The area has good weather, very convenient to BART and lots and lots of older buildings that being rehabbed and flipped. The Mission is a great neighborhood.

Best,

Charlie Mader
Vanguard Properties
1 vote
Ron Abta, Agent, San Francisco, CA
Tue Oct 30, 2007
HI Matthew, that's a good question - I feel that the Mission area is going to continue being a popular area because it is a sunny part of town and their continues to be money flowing in with developments being built. You still get a lot of property for the money there and it's close to a new Whole Foods that just opened up in Potrero Hill (another hot area - sunny and getting more developed). Hope this helps - if you'd like to chat more, my contact info is at http://www.RonAbta.com
Web Reference:  http://www.RonAbta.com
1 vote
Jed Lane, Agent, Petaluma, CA
Mon Oct 15, 2007
Matthew,
There is no easy answer to your question. Markets are influenced by forces that are not predictable. I believe that consumer confidence is the biggest factor in the short term of the real estae market. Confidence right now is low and with out some good news on any front it may stay that way.
The reality is you can't time a market, whether its stocks, gold or anything. It might go down a little bit or stay flat but there is one thing that will always be true - San Francisco housiing costs will rise over time.
Web Reference:  http://www.JedLane.com
1 vote
Susan, Home Buyer, San Francisco, CA
Wed Nov 7, 2007
I think the mission is a really scary neighborhood to walk around in during the day. At night in certain areas it is better where the restaurants are. I do frequently hear about muggings there as well. Most recently, my pilates instructor was mugged walking home during the day.
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