Real Estate Market Outlook – The Devil’s in the Details but Good News for the San Francisco Real Estate Market

Last week, I heard Robert Kleinhenz, Deputy Chief Economist from the California Association of Realtors (CAR) give an Economic Forecast Update. He talked about how the media continues to cover “the California real estate market” when there is really no such thing. What is happening in the major cities and coastal regions is not the same as what is happening inland. As the 5th largest world economy, California is large and diverse. We have many economies and many real estate markets.

If you want to understand what is going on in your neighborhood, keep it local – very local. Become an extreme real estate locavore, if you will. And remember that the devil is in the details.

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