As I’m browsing the blogosphere, I caught a glimpse of yet another article saying something positive about San Francisco real estate.
Realtor Magazine quoted Forbes Magazine as saying SF is one of the 10 smartest places to buy a home NOW!
Well, according to them:
For people who want to own a home, the premium to buy—the spread between what they’d spend to rent and what they’d pay for a mortgage—is much lower than the 15-year average in many cities.
To determine what cities are smart buys, Forbes magazine computed the premium and also identified locales where economists predict home prices will go up the most over the next five years.
Oh, and give me a holler when you’re ready to make that SF home purchase. 😉