2010 San Francisco Residential Wrap-Up: Why condo owners may not be celebrating.

Given the amount of bad news coming out of the housing market these days, you’d think that San Francisco condo and TIC owners would be celebrating the fact that values increased 4.5% in 2010.

If no one feels like popping corks, it may be because prices have been stuck in a narrow range since they hit their post-bubble bottom two years ago.  Take a look (click to enlarge):

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