Comments on: Bad News for the Outer Sunset District http://www.theavenuesblog.com/bad-news-for-the-outer-sunset-district/ A blog about the Sunset District and Richmond District in San Francisco. Thu, 06 Aug 2009 15:24:09 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: admin http://www.theavenuesblog.com/bad-news-for-the-outer-sunset-district/comment-page-1/#comment-72 admin Fri, 01 Aug 2008 03:16:32 +0000 http://www.theavenuesblog.com/bad-news-for-the-outer-sunset-district/#comment-72 Thanks for commenting Marakima - I don't know that houses will ever get lower than 15 GRM in the City. The reality is that it's a desirable place to live and there is a pool of buyers that can afford to live in the City. And as long as inventory remains relatively low and there are still buyers, then GRM will remain high. Of course, rents may increase - and that'd be the other way for GRM to drop. It's an interesting statistic to look out for. Thanks for pointing it out! Thanks for commenting Marakima – I don’t know that houses will ever get lower than 15 GRM in the City. The reality is that it’s a desirable place to live and there is a pool of buyers that can afford to live in the City. And as long as inventory remains relatively low and there are still buyers, then GRM will remain high. Of course, rents may increase – and that’d be the other way for GRM to drop.

It’s an interesting statistic to look out for. Thanks for pointing it out!

]]> By: You Say Potato… I Say The Market is OK… | Luba's San Francisco Real Estate Blog http://www.theavenuesblog.com/bad-news-for-the-outer-sunset-district/comment-page-1/#comment-71 You Say Potato… I Say The Market is OK… | Luba's San Francisco Real Estate Blog Fri, 01 Aug 2008 03:09:33 +0000 http://www.theavenuesblog.com/bad-news-for-the-outer-sunset-district/#comment-71 [...] So.  The other day, I made mention of a Forbes article on The Avenues Blog which points to over-inflated property values in the Outer Sunset district.  [...] [...] So.  The other day, I made mention of a Forbes article on The Avenues Blog which points to over-inflated property values in the Outer Sunset district.  [...]

]]> By: You Say Potato, I Say … | The Avenues Blog http://www.theavenuesblog.com/bad-news-for-the-outer-sunset-district/comment-page-1/#comment-70 You Say Potato, I Say … | The Avenues Blog Fri, 01 Aug 2008 03:06:43 +0000 http://www.theavenuesblog.com/bad-news-for-the-outer-sunset-district/#comment-70 [...] So.  The other day, I made mention of a Forbes article which points to over-inflated property values in the Outer Sunset district.  [...] [...] So.  The other day, I made mention of a Forbes article which points to over-inflated property values in the Outer Sunset district.  [...]

]]> By: marakima http://www.theavenuesblog.com/bad-news-for-the-outer-sunset-district/comment-page-1/#comment-69 marakima Thu, 31 Jul 2008 17:07:49 +0000 http://www.theavenuesblog.com/bad-news-for-the-outer-sunset-district/#comment-69 Hey. that's great news! As a renter of a cottage on 47th and Kirkham, maybe someday I will get to buy. Houses here are still selling for a gross rent multiple of more than 20; if/when they get below 15, then buying might be a good value. Hey. that’s great news! As a renter of a cottage on 47th and Kirkham, maybe someday I will get to buy. Houses here are still selling for a gross rent multiple of more than 20; if/when they get below 15, then buying might be a good value.

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