Zillow Predicts Price Drops for Certain SF Neighborhoods

By Real Estate April 4, 2017

Zillow recently released an article predicting San Francisco neighborhood depreciation- and appreciation- for 2018. According to the article, the Marina, which has already seen a decrease of 12.6% in the past year, will see an additional drop of 1.8%. The Financial District will decrease 2%, and SOMA, already down 7.1% will witness another 2% decline. Meanwhile, Zillow predicts that Bernal Heights will continue to increase in value. Up 8.1% in the past year, the trend for Bernal is predicted to continue in 2018 by another 1.3%. Meanwhile across town, the Outer Richmond District, already up by 7.6% will continue to increase by another 1.3%. For more information, you can reference the article below which also contains a link to Zillow’s home values page.

 

Read the Original Article Here: These San Francisco neighborhoods will see price drops soon, according to Zillow

About the Author
Adam Ettenson, Broker / Owner

Adam’s real estate experience encompasses residential sales, renovations, real estate development, property and asset management, and multifamily investment acquisitions. He has helped countless clients buy and sell property throughout the Bay Area, including in San Francisco, Marin County, Alameda County, San Mateo County, and Santa Clara County. He has overseen the condo conversion and major renovation of a two-unit building, and has worked on several affordable housing residential development projects with budgets exceeding $20 million, helping low-income families secure safe, affordable housing. He is currently working on a project that entails adding a condo unit to an existing building as well as a major horizontal expansion and renovation, increasing the total square footage to approximately 1500 square feet. Prior to working in real estate, Adam practiced immigration law and real estate law. His extensive background as an attorney and his broad real estate experience allow him to faithfully advance his clients’ interests in both the purchase and sale of real estate. Adam’s clients benefit from strong negotiation skills, contractual expertise, and deep knowledge of local rules and regulations.