San Francisco Gay Realtor Reports Condo Conversion Frenzy
OtherOur San Francisco Gay Realtors are seeing more and more apartment to condo conversions with the RED HOT Bay Area Real Estate Market. Some condominium complexes opened at the worst possible time – in the depths of the real estate downturn when home buyers were few and far between. They coped by becoming for-rent apartment buildings instead. But now, as the housing recovery accelerates, several East Bay and South Bay developments are switching back to for-sale condos. “The pendulum has shifted,” said Michael Reynolds, managing partner of developer Embarcadero Pacific, […]