Home buyers in San Francisco are sitting out the market this fall, waiting for lower interest rates, back-to-the office pressures and even election results to tell them when to move.
This year’s fall market is an improvement on last year’s doldrums, according to some of the city’s top agents, but anxiety and lack of inventory have limited its upside. This September saw slightly more listings go into contract than last year but the numbers were around the same as 2022 and nowhere near the market peak of 2021, according to Compass data.
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