Sometimes, it is nice to be included. Yahoo Real Estate posted an article: 10 Cities Experiencing Home Price Rebounds, and San Francisco real estate is #2 on the list!
Personally, I think these indexes are a little misleading whether they're used to support the bulls or the bears but nonetheless, I'll take the good news where I can get it. Just remember that real estate is VERY local. If you really want to know what your home is worth (or what the home you want is worth), you need to talk to a local Realtor and get the facts.
Here's what they have to say about us:
2. San Francisco, CA.
San Francisco home prices increased 2.8% from July to August this year. Home prices there will drop 8.3% by next June, but will increase 14.3% by 2011. After the area works though its supply of foreclosures, it will be prepared to recover, according to First American Core Logic.
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