Hillsborough
Real Estate
S.F. Planning Commission approves new policy on resale of below-market-rate condos
It had been two years of stressful waiting. Amy and Simon Jansuk, have been waiting for a buyer to purchase their below-market-rate condo at 270 Valencia St. since 2022. City rules have limited the sale price of below-market-rate units, meaning owners might even lose money on such sales — Mission Local wrote about the Jansuks’ plight in 2022, detailing how the city had set their sale price at $74,000 less than they’d spent on the condo.
Decline in New Listings Expected to Stabilize Bay Area Home Prices Despite Federal Reserve Rate Cut
In the wake of a recent Federal Reserve rate cut, the San Francisco Bay Area's housing market shows resilience, buoyed by a significant decline in new listings entering the market.
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