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San Francisco Lost High Earners and Got Richer

January 20, 2023

While we do have a tad bit slower of a market with less multiple offers and more reasonable asking prices…

We do not see plummeting home prices anywhere on the horizon.

Bay Area incomes have made the highest gains across the NATION during the pandemic. (See graph in article and comments below)

This well paid hard-working population needs a place to live and has the income needed to qualify for a loan.

There are incredible loan programs out there, that can short circuit much of the downside of higher rates.

Buyers: 90% of you are still better off buying than renting.

Sellers: Your home’s value remains stable and strong.