Tag Archive for San Francisco construction boom
These 2 Forces Will Crush the San Francisco Housing Bubble
by Wolf Richter • • 76 Comments
It Starts: Apartment Glut in San Francisco & New York City
by Wolf Richter • • 36 Comments
“Market is on Edge”: US Commercial Real Estate Bubble Pops, San Francisco Braces for Brutal Dive
by Wolf Richter • • 51 Comments
San Francisco’s Epic Condo Construction Boom
by Wolf Richter • • 31 Comments
Few housing markets are crazier than San Francisco’s. But what had to happen is starting to happen: while house prices continue to soar, a phenomenal building boom is causing a condo glut that will reach dizzying proportions as new condo towers are completed. And now the dynamics of the market have reversed. The median condo…
It Starts: San Francisco Office Boom Deflates, but Fitch Says It’s “Unlikely to Collapse” this Time
by Wolf Richter • • 27 Comments
Will this Crush the Insane San Francisco & Silicon Valley Housing Bubble
by Wolf Richter • • 76 Comments
In the city of San Francisco, the median condo price is $1.11 million and the median house price is $1.25 million, up 72% and 88% respectively from the first quarter 2012. Median means, 50% of the units cost more, and 50% cost less. Which creates an absurd situation: only 11% of the households in San…