“Big money has been pouring into the San Francisco Real Estate Market. I wonder what ever happened to the bubble?
Institutional and private investors have been on a spending spree in 2007.
Condo Towers, Office Buildings, and Apartment Projects are springing up everywhere. The universal theme seems to be that big developers are banking on the future of San Francisco.
It will be interesting to see what happens to our apartment market when all the new condo towers are completed.
On another note: Interest rates have been climbing steadily and commercial loans are starting to get expensive.”