Real Estate Bidding Wars
in San Francisco
The San Francisco Bay Area has long been among the most expensive property markets in the United States. Even single-family homes in the suburbs continue to invite massive bidding wars and sell for hundreds of thousands of dollars above their list prices.
According to data published by the California Association of Realtors, there has been a 38.9 percent increase in the median prices of single-family homes within a space of just one year, rising from $965,0000 in May 2020 to $1.34 million in May 2021 which is almost three times the national average.
City Programs
Government assistance programs provide down payment loan assistance and connect home buyers to below-market-rate units. You’ll be placed on a lottery list once you apply for a below-market-rate accommodation. This is aimed at giving current and former San Francisco residents a better chance of surviving in the city.
The Mayor’s Office of Housing and Community Development offers affordable housing opportunities and essential services aimed at building strong communities.
How We Can Help You
Whether you are looking for a single-family house, a condo, or an apartment, we are ready to help you realize your vision of homeownership in San Francisco. Our goal is to bring relief to our communities with affordable housing.
We encourage existing homeowners to stay in their homes and create a legacy while providing prospective buyers with quality accommodations at fair prices to help them settle down.