SF Sellers take Homes Off the Market in Anticipation of IPO

  Home sales activity continued with annual declines posting a 10 percent year-over-year (YOY) decline in the first quarter. Sales priced over $2 million have slowed notably compared to 2018, down 25 percent YOY in Q1, but still above 2017 levels. However, after a short period of improved inventories, sellers in San Francisco took homes …

The IPO Debate

- Talk of the Town - different opinions on the 2019 IPO effect on Bay Area housing market.   When Uber and Airbnb Go Public, San Francisco Will Drown in Millionaires Housing Madness — As the idea of the coming I.P.O.-palooza took on currency, sellers started pulling their houses off the market. The broader California …

Thousands of New Millionaires Are About to Eat San Francisco Alive

  Uber, Lyft, Airbnb and Pinterest plan to go public. As the idea of the coming I.P.O.-palooza took on currency, sellers started pulling their houses off the market. SAN FRANCISCO — Big wealth doesn’t come in monthly paychecks. It comes when a start-up goes public, transforming hypothetical money into extremely real money. This year — …