Homebuyers are rushing back to San Francisco. Where are the sellers?

San Francisco Chronicle·Mar 16

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

Homebuyers are returning to the San Francisco market, driven in part by an impending ipo boom. The demand is leading to homes selling above asking price in some areas, with some properties selling for record amounts. However, the trend is not uniform, with home values in nearby oakland continuing to fall, and the overall value of san francisco homes not yet reaching record levels.

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