Up. I’m done.
But you didn’t hear it hear first.
In fact, it seems that there’s an amazingly broad consensus that San Francisco (and Bay Area) prices are heading for sustained gains this year and possibly beyond.
The 2010 Residential Wrap-Up: What’s goin’ on? Not much.
Avid readers of this blog will recall that I hastily pulled my last attempt to post on this subject because of some errors in the data. Horrors. The errors caused 2010 to look like a much stronger year in terms of price increases for single family homes.
Whether that would have been good news or bad depends, of course, on whether you’re trying to buy or sell. As it is, 2010 ended up being a wash from either perspective. Here’s the chart (click to enlarge:
