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More than 40 percent of the homes for sale in San Francisco are now asking more than $1 million

March 21st, 2014 by [shareaholic app="share_buttons" id="27157108"]

By Around the Web There are any number of ways to size up the relative insanity of San Francisco’s housing market. Rent for the median apartment is rising faster there than anywhere else in the nation. A typical studio will now run you north of $2,300 a month . The price of a median home is rising much faster than the median income . And as a result, just 14 percent of homes on the market in the metropolitan area last year were within reach of the local median income . Read full article >>        …(read more)

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