San Francisco Luxury Real EstateWhere Are We Headed?Thursday, June 24th | 10.00 AM – 11.00 AMa ZOOM PresentationFEATURING: Leo Medeiros Andy Tse If there’s one lesson we’ve learned about San Francisco real estate -- it’s a roller coaster ride. Experience has taught us that life in 7X7 land is a series of bubbles and busts. The dot.com implosion of 2002, the catastrophic Recession of 2008, the devastating COVID pandemic of 2020. Let’s face it. This is not a business for the faint of heart. Yet here we go again. First half of 2021 reveals unheard of inventory shortages; multiple offers as the new norm; properties going into contract at well over ask; home purchases made sight unseen; and a mad scurrying for property that reflects a buyer fear of being left out. While San Francisco has suffered to some degree as trade-up renters and condo owners sought the bucolic appeal of the Northern suburbs and East Bay enclaves, the pendulum is swinging back. Like water finding its own level, smart shoppers have awakened to the once-in-a-lifetime confluence of elements that make San Francisco the best deal in the Bay Area – low interest rates, motivated sellers, a wide array of property options -- single family and high-rise condo, and COVID-inspired deals that will rarely, if ever, be seen again in our lifetime. So, given this mélange of cautious optimism, tempered with uncertainty, as well as the unbridled opportunity arising from current market dynamics, where are we headed for the balance of the year? We have the answers. Expert realtors who know the market like the back of their hand, who have seen it all before and who consistently rank as the alphas in their field will provide their best insight and prediction, which in turn, will provide a reliable compass heading out of the wilderness. ZOOM CONFERENCE DETAILS:
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