Tuesday, March 17, 2009

S.F. Real Estate Rebounding—A Channel 5 News Story

The lead story yesterday on the six o’clock news on Channel 5 (the local CBS affiliate station) was a report by Emmy Award-winning political editor Hank Plante on the rebound in real estate sales that has been noticed recently in San Francisco. The story cited the upsurge in sales that has occurred in the Excelsior district, the Sunnyside district, at the Infinity Towers and many other areas in the city. Plante explained that the driving factors are historically low interest rates, more rational asking prices, the availability of credit and the effects of pent-up demand. The Association which worked on the story with others provided statistical support for what had been observed in the field through Terradatum, the company which provides the Association with reports for publication in REALTOR® Advantage Online.

Click here to view the story.

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