The simple answer is appreciation is continuing even with rising interest rates. So, the sooner you buy the sooner you start making money on your investment.

Home prices have increased by 8% over the past 3 months, and the Summer market is still heating up.

The market is severely undersupplied and everything is selling within a week.

Menlo Park saw 57 properties sell this July compared to only 31 in 2020, with an average price per foot above $1,600!

Los Altos Hills has seen a median price jump of over $2,000,000 in Summer ‘21 vs. Summer ’20

San Francisco and other high-density cities like New York and Chicago will return to their established prominence. There is no question in my mind. The 3 reasons why San Francisco will bounce back:

A recent uptick in the San Francisco market is showing properties with certain features like outdoor space, private patios, and roof decks are back to selling at a familiar pace: Less than a week on market. They are all seeing heavy attention before they hit the market.

An inflection point is nearing in the condominium market in San Francisco. Values can only drop for so long, or more appropriately said, the select group of buyers in the market could only retain their exclusivity for a certain period of time.

As the pandemic continues and more people evacuate the city, the condominium market finds itself in a very unfamiliar place. The term buyers market isn’t even appropriate, as there is so much supply of available properties for sale that sellers are now competing with each other to sell their homes to the metaphorical handful of buyers in the market.