Welcome to 2009 everybody! A new, fresh year lies ahead and we are excited to get started. Now that 2008 is officially over, we’ll be able to look back at year-end numbers and compare it to years past. We’ll also look forward at what could be in store, but first, just how dead was 2008?
We found out by tallying up all real estate transactions in San Francisco for the year. These include sales of single family homes, TICs, condominiums, lofts, stock cooperatives, 2-4 unit buildings, 5+ unit buildings, empty lots and acreage. To find out just how slow 2008 was, we compared the total number to that of the previous 13 years. Here’s a look at the chart: Read the rest of this entry ?