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San Francisco’s housing slowdown could spread


Source: Wall St. Journal
san francisco

As many as 10,000 baby boomers retire daily. Members of this generation are increasingly looking to real estate to diversify their retirement portfolios and boost returns.

San Francisco, once the hottest housing market in the U.S., is now one of the coolest, in a reversal that could presage a broader slowdown if more buyers decide it isn’t worth chasing rapidly rising prices.

Home price growth continues to accelerate in many parts of the country, driven by a lack of supply and rising demand. The S&P CoreLogic Case-Shiller Indices, which cover the entire nation, rose 5.5 percent in the 12 months ended in April, after a revised 5.6 percent year-over-year increase in March.

About Community Real Estate

Community Real Estate is a Real Estate Company committed to provide quality professional services. We are a full service company with in-house lending. We are Realtor®s and HUD approved selling agents. We are expert Short Sales, Listing Agents and Buyers’ Agents. We also specialize in First Time Buyers, Second Homes, Vacation Homes, Investment Homes, Leasing and Rentals, Relocations, Foreclosures, Distress Properties and REO listings and sales. We support our America’s Heroes. We look forward to meeting you and your needs!
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