The San Francisco Bay Area median home price continues to trend upward but it’s mostly a sideways upward if that’s possible. We are still below the all-time high of 2007 and employment trends don’t suggest we will be busting out a meaningful new high soon. While the core high-tech markets remain strong, the outlying counties are showing slippage which is right in line with weaker employment. The year-end is always a little tough to use as a barometer so, as I’ve said before, it will be an interesting first quarter in 2016.
Best Wishes for a Happy, Healthy, Prosperous and a SF Giants World Series Championship 2016! 🙂