San Francisco Luxury Housing Market Cooling

san-franciscoIt’s official: San Francisco’s luxury housing market is cooling, according to Paragon Real Estate Group.

“All price segments in San Francisco have cooled off from the overheated frenzy of the spring 2015 selling season — this cooling is a common seasonal phenomenon,” Paragon said in its November market report released Friday.

“But while the lower and mid-priced homes in the city have continued to remain solidly in ‘seller’s market’ territory, in the luxury home segment, the dynamic between buyers and sellers has fundamentally shifted, at least for the time being,” Paragon said.

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Authored By Matk Calvey
See the Full Story at BizJournals.com

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