Private Capital Investments is a real estate lender providing privately funded loans for fix & flip, renovation, business, construction and land projects in California and neighboring states.
San Francisco Bay Area Housing Report for March 2019
On a monthly basis, Private Capital Investments ( www.privatecap.net ) provides an overview of the metropolitan San Francisco Bay Area housing market. This assessment includes a quantitative and qualitative review of the home sales metrics provided by Redfin. We closely review both long term and short term interest rates to review their impact to the market.
For the reporting month of February (based on month ending January 2019 data), our reports indicate generally positive signs based on the number of homes sold, compared to the momentum of the national average. Please see the detailed report included in this post for a full overview.
The report summarizes a likelihood that upward momentum is generally expected to continue, albeit at a reduced rate. We see a 72% likely hood that positive result will take place.