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These real estate markets may be on the cusp of a San Francisco-style affordability crisis
Posted on 3/17/22 at 10:56 pm
Posted on 3/17/22 at 10:56 pm
quote:
One impact of the pandemic appears to be far more metropolitan areas where the real estate market looks increasingly like San Francisco’s.
According to a Chronicle data analysis, there are at least 10 metro areas that could soon become “the next San Francisco” in terms of housing affordability and availability, including San Diego, Raleigh, Merced, Salt Lake City and two areas in Montana.
LINK
This post was edited on 3/17/22 at 11:23 pm
24
Posted on 3/17/22 at 10:58 pm to Street Hawk
Posted on 3/17/22 at 10:59 pm to Street Hawk
Bawcomville just missed making the list.
Posted on 3/17/22 at 11:01 pm to Street Hawk
What's your point?
Posted on 3/17/22 at 11:01 pm to Street Hawk
They are hiking interest rates like 14 times in the next two years. Back to renting for most. Property values won’t be climbing much either.
Posted on 3/17/22 at 11:10 pm to Irregardless
quote:
Property values won’t be climbing much either.
Posted on 3/17/22 at 11:10 pm to Irregardless
quote:
They are hiking interest rates like 14 times in the next two years.
Stop talking outta your arse.
Posted on 3/17/22 at 11:11 pm to Street Hawk
quote:
San Diego
You don’t say
Posted on 3/17/22 at 11:12 pm to Irregardless
Expected to be 6-7 0.25% increases over the next year or so.
Posted on 3/17/22 at 11:23 pm to Street Hawk
quote:Sorry Montana locals. Y’all fricked
two areas in Montana
Posted on 3/17/22 at 11:26 pm to lynxcat
We will be back at 7% in two years. I’m betting on it. Literally.
Posted on 3/17/22 at 11:28 pm to Paul Allen
Paul, what’s your logic as to why they will continue to rise at the rates we’ve seen over the last few years?
Posted on 3/17/22 at 11:31 pm to Street Hawk
Bellevue, WA just passed Manhattan and is 2nd to the Bay Area cities in median price now.
Saw these beauts just come off the market in the past few weeks.
This one went pending in 2 days
Saw these beauts just come off the market in the past few weeks.
This one went pending in 2 days
This post was edited on 3/17/22 at 11:32 pm
Posted on 3/17/22 at 11:31 pm to Irregardless
quote:
We will be back at 7% in two years. I’m betting on it. Literally.
Im Betting on the Cowboys to win a super bowl in the next two years.
Posted on 3/17/22 at 11:31 pm to red sox fan 13
quote:
Sorry Montana locals. Y’all fricked
Correct. Californians stacked
Posted on 3/17/22 at 11:33 pm to TDawg1313
Chinese investors are flooding the Eastside and have been for quite sometime.
Imagine the property taxes on Meydenbauer Bay
Imagine the property taxes on Meydenbauer Bay
This post was edited on 3/17/22 at 11:37 pm
Posted on 3/17/22 at 11:36 pm to Breauxsif
quote:
Chinese investors are flooding the Eastside.
That was a huge issue in the late 2010s. I talked to a couple of agents last month asking if that was still a thing. They said that it tapered off significantly the last few years. Now it is driven by tech. Amazon and Facebook are making massive investments into Bellevue; then you have Microsoft basically in Bellevue and Google taking over Kirkland.
Posted on 3/18/22 at 12:12 am to Street Hawk
The entire state of Florida must water that list down. West Palm Beach is a hyper market right now.
Posted on 3/18/22 at 1:31 am to Street Hawk
Port Angeles? Lol.
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