What buying frenzy?

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 7 years, 4 months ago.

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    Anonymous

    I monitor the listings for 2BR 2BA properties in the San Francisco that are located in the Golden Quadrant (i.e., East of Van Ness and North of Market) plus the SOMA, in the range of $700,000 to $1 million. *Not much turnover. *The same properties keep showing up, some of which have been on the market for over 100 days. *This doesn’t look like a seller’s market to me. *
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    Maybe there’s something fatally wrong with each of these properties (I can’t say that any of them look appealing to me – especially at the prices offered). *But everything coming on the market can’t be so flawed. *Is it possible that the desirable properties are being sold without ever being listed? *
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    The slow turnover suggested by the Redfin listings just doesn’t make sense. *

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