Archive for January 23rd, 2009

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Getting Granular in Lower Pacific Heights

January 23, 2009

Lower Pacific Heights used to be called “Upper Fillmore”.  With increasing property values over the past 20 years the area grew in affluence and wealth.  The name “Lower Pacific Heights” became more and more popular and now the term “Upper Fillmore” is rarely used.  San Francisco’s Japantown is located within Lower Pacific Heights.

Cherry blossoms bloom in Japantown

Cherry blossoms bloom in Japantown

Since condominiums are common in the area, we took a look at condo price trends in Lower Pacific Heights since 1995.  What we found was an average of 51 sales taking place in the ‘hood each year, and a trend of steady upward growth with a few requisite bumps and bruises along the way.  Here’s a look at the chart:

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Top 10 Places for Real Estate Buys in 2009

January 23, 2009

Forbes came out with an article a couple of days ago that ranks the world’s cities in terms of the best opportunities for real estate investors in 2009.  Cities named in the top 10 show exceptional long-term stability and have proven track records.  According to the article, investors are back to basics and are looking at tried and true cities… not so much the exotic locations that were popular in years past.

San Francisco Ranks #6 in the World

San Francisco Ranks #6 in the World

Here is a list of the World’s Best Places for Real Estate Buys – 10 Cities Investors Will Target in 2009:

  1. Washington, D.C.
  2. London
  3. New York
  4. Tokyo
  5. Shanghai
  6. San Francisco
  7. Los Angeles
  8. Paris
  9. Houston
  10. Singapore

According to the article, San Francisco ranked #24 last year and is now up to #6.  Click HERE to read the article in full.

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