San Francisco Real Estate Market Update for 4/21 - 4/27/07
Read what Rick Turley, President of Coldwell Banker, San Francisco/Peninsula says in his latest weekly report:You have heard the expression, “It’s not personal. It’s just business.” Well, in real estate, our business is always personal, and the Bay Area market bears witness to that. With the pressures of tax season and spring break over, people have started getting back to the business of investing in the home of their dreams. Most areas saw a sharp increase in serious buyers – not just tire kickers - as well as a welcome influx of fresh inventory from sellers.
Of the more than 615 homes held open during the week, most were well attended by serious buyers. A home in Pleasanton saw 53 groups of people go through, while 300 people packed into a $1.8 million dollar listing in Redwood City. Petaluma reports that open house activity was “phenomenal.” Menlo Park had an open house in the Willows district with over 100 visitors. Berkeley, Oakland/Piedmont, Pleasanton, Santa Rosa, Sebastopol, Walnut Creek, San Francisco and Orinda all reported exceptional turnout as well. Read more.
- Rick Turley
* For an e-mail alert when this report is updated, send a note to info@SFResidence.com with "weekly market report" in the subject line.
posted by SFResidence.com @ 7:05 PM
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