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Blog Archives: May 2017

San Francisco Real Estate Market Report, May, 2017

May 17, 2017
San Francisco’s continued hot housing market reflects the incredibly strong full- employment economy that the Bay Area and the U.S. is experiencing. Not only is unemployment in San Francisco historically low (3.3%), but also the number of employees who are involuntarily part-time is falling and older workers are remaining in the work force longer. The impact of all of this very healthy jobs data is twofold: continued strong demand for our high-priced San Francisco housing; and fewer older workers retiring and moving out of the city. In ...

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