Forecast: San Francisco’s Housing and Rental Markets to Remain Hot
Enjoy this look at the housing market and real estate opportunity in the San Francisco Bay Area market. There are plenty of stats and charts below to help you understand the market better.
In many big US cities, losing an apartment rental lease is a serious matter. For some, it could lead to living in a vehicle or on the street or in grossly over-occupied dwellings. New York, Miami, Los Angeles, and Seattle are cities where renters are exposed to low availability and high rent. Although it’s a nightmare for renters in San Francisco it’s the best investment opportunity for real estate investors like you.
Why discuss apartment rentals in San Francisco? Because renters here in the Bay City are looking to become home owners to build equity for their lives. And investors across the US and other countries are looking for rental income properties.
The Bay area and San Francisco in particular are rated as the best locations for rental income investment. Builders have a grand sale or rental income opportunity in San Francisco.
How big is the need? It’s a textbook case of supply and demand where demand is huge and development is stunted and current homeowners have no intention of moving, even after retirement....Read the full article at GordCollins.com....