Weekend Events and the Weekly Real Estate Update

The Vintage Paper Fair takes place this weekend at the County Fair Building in Golden Gate Park. Whether you’re buying or just browsing, organizers say this Northern California’s finest selection of postcards, trade cards, stereoviews, photography, labels, brochures, and Victorian, transportation, and sports memorabilia, along with all manner of curious, beautiful, and interesting old paper! Admission is free, Saturday 10AM to 6PM, and Sunday, 11AM to 5PM.

On the “Homes for Sale in San Francisco” front, here’s our report for this week, 12/31/17 – 1/6/18

Predictions for 2018

The new tax code may have some impact on our local San Francisco housing market, but just how much impact is still uncertain. According to the Bay Area News Group, experts expect much of the market to remain unchanged in 2018, with home prices continuing to climb — though perhaps at a slightly slower rate.

Even though some analysts predict that homebuyers in high-tax states such as California may choose to move elsewhere, others think that buyer demand will remain high, and that homes will sell even faster in 2018 than they did in 2017, when nearly one in five homes sold within a week.

Lastly, the question we’re asked each year, will there be a housing bubble? Even in impossibly hot markets like the Bay Area, analysts aren’t seeing one. They say they have come to this conclusion partly because people are making larger down payments or paying all cash, and partly because sellers are getting their asking price — and then some.