Earlier today Neighborcity released its monthly Neighborhood Report Card and it appears that San Francisco's housing market is at a cross roads. Over the last 6-months Housing inventories rose 15%, yet the medium home price actually rose just over a percentage point. One culprit could be the banks, who's reluctance to make Jumbo loans available has the average home sitting on the San Francisco market for well over 90 days. Distressed properties fell slightly, down half a percentage to 10.9%.
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