San Francisco’s “Tech-xit”

According to Compass market analysis, for the first time in a decade, median home prices in San Francisco fell by 1% from a booming 2021 to a cooling 2022 and came to rest at $1.78 million. Oddly enough, single-family homes are doing twice as well as condos, with more than 60% of sales closing over asking price. Recent tech layoffs certainly won’t help the condo market in months ahead. But it’s yet to be seen how big of an impact the “Tech-xit” will have.

Foodie Days

These days there seems to be a National Day for Everything, especially when it comes to one of our favorite things: food. This week, we’re taking advantage to indulge in a couple of our favorite treats!

CHIC (Pearl)

Studies show that 98% of people love pizza – and the other 2% have questionable taste. This Thursday is National Pizza Day, and you can bet I will be digging into one of my local favorites. There are so many, it will be hard to choose!

GEEK (Kevin)

I got a head start on the festivities last Saturday by celebrating National Eat Ice Cream for Breakfast Day. The only thing I can imagine better than cold pizza in the morning is a banana split with all the toppings and a cup of warm joe!

Market Snapshot: San Mateo County

The market continues to wake up on the cool side of the pillow, with inventory and median sales prices down year over year. Of course, the holidays are typically a slow period, and with the global economy still in recovery mode, we’ll see what the new year has in store.