The Bay Area will slap you down just when you think you’re getting a handle on it… July 2016 labor force and employment figures took a big jump upward after a prolonged period of hum drum. Digging down a little deeper into the figures, however, indicated less growth in technology and more growth in service. Not good… fewer high-paying jobs and more flipping burger jobs.
The housing market appears to be taking a breather. Big jump in year-over-year prices but month-over-month not so good and total sales way down. I have heard through the grapevine that there are fewer high-end buyers in the market. Will be interesting to see if the traditional year-end slowdown brings a drop in prices.
Sailing into the sunset???