SF Real Estate
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by Gary |
posted November 22nd, 2006 around 10:24 PM
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I think that your blogs are pretty good. I like the music blogs.
I also wanted to say that I think that you are right in general about the price of SF real estate. For the time being, the Google (and other tech companies) money will maintain the demand for good SF real estate (i.e., on rock, not landfill), but that the general trend is not good. I think that the first sign of how bad it may get will be in January when the ARMs re-adjust the interest rates.
In addition to ARMs, I think that interest only mortgages are a bad sign (why don't they just call that rent?).
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