According to Trulia’s Housing Barometer, the national housing market is recovering fast, and is more than halfway back to “normal.” Home sales are up 10% compared to this time last year, while the delinquency/foreclosure rate keeps dropping, now at its lowest level since October 2008. Construction starts have stayed above 1,036,000—the highest value since June 2008. The housing barometer uses three key housing market indicators to evaluate the health of the market: construction starts, existing home sales, and the delinquency-plus-foreclosure rate. Present-day values are compared to levels at the market’s worst times and the pre-bubble “normal”.
For more information about the current housing market in San Francisco, check out our “How’s The Market” page, updated weekly, or contact Todd Montgomery at 415.203.6022 or firstname.lastname@example.org.
Climb Real Estate provides this information to the public and our clients and does not guarantee its accuracy. Climb Real Estate does not necessarily represent the seller nor the marketing company in any way. For buyer representation, contact Climb or learn how to buy new developments.