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San Francisco in a week: July 4-8

Shunyu Fan / iStock.com

Need news in a flash? Here’s what’s happening in your community

San Francisco rent growth is forecasted as the highest in the nation, according to Yardi Matrix’s May report, which says average rent will grow 10.5 percent by the end of 2016 — right above Sacramento’s 8.8 percent.

Yardi Matrix

Despite having some of the highest prices in the nation, the San Francisco-Redwood City-South San Francisco area’s housing market condition is considered normal by CoreLogic’s most recent Home Price Index. The Bay Area metro’s home prices also experienced 0.9 percent growth month-over-month in May and 6.4 percent growth year-over-year.

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Real Trends recently recognized real estate’s best in its 2016 America’s Best Real Estate Agents list, breaking down California and San Francisco’s best performing agents and teams by closed transaction sides and closed sales volume.

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