San Francisco Real Estate Market Shows Home Price Increase That’s Anticipated to be Reflected in Wider Market Vver 2013 Says Realtor Kirk Dahle of Vanguard Properties

Share Article

The real estate market increased 6.3% in 2012 and is expected to maintain growth for 2013. The San Francisco market is already seeing an influx of buyers and higher selling prices.

North Beach San Francisco

North Beach San Francisco

Right now cash is king. Homes are consistently going for over list price with multiple offer scenarios being commonplace.

The San Francisco market is seeing a great seller's market. Multiple offer situations, cash in hand, and homes going to market earlier to meet buyer demand.

Business Insider reports, "Going into 2013, home prices are expected to rise 6 percent driven by steady demand, lower bank-owned (REO) sales, and lower inventory of unsold homes. This is according to CoreLogic's latest report. The CoreLogic Home Price Index (HPI) increased 6.3 percent in 2012, the largest increase and highest level since 2006. And year-over-year home price increases were more widespread. This increase in home prices across a broader geographic spread is expected to continue in 2013."

“Right now cash is king. Homes are consistently going for over list price with multiple offer scenarios being commonplace. Cash buyers who don’t have to deal with the financing world are winning.” Says Dahle. “A 6% increase for the year is a very promising number and we're looking forward to a great 2013.”

Only the most informed real estate professionals can guide you through the ups and downs of the San Francisco Bay Area real estate market, and Kirk Dahle has been doing just that for buyers and sellers for several years. A relentless advocate for his clients, Kirk is constantly networking with real estate professionals to find the best listings and to bring a property to market. Contact Kirk directly at sfkirk(at)gmail(dot)com or call 415.203.8638.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Kirk Dahle
Follow us on
Visit website