San Francisco real estate looking like it did before dot-com crash in 2000 - MarketWatch

It is always interesting to read past real estate market articles in the press.  The Marketwatch article headline above was written approximately one year ago.  It offers implied caution relative to the  current market conditions compared to the year 2000 dot-com real estate crash.  Check it out.

Incline Village and Tahoe prices have continued upward since the Marketwatch article was written.  Inventory has moved downward.  Is it time to sell again?

NOTICE: Marketwatch Article Published: Feb 23, 2016 9:38 a.m. ET

Image caption:  The median value of a home in San Francisco has skyrocketed from $670,000 at the beginning of 2012 to $1.12 million (February 2016).

Marketwatch Article By:
DANIELGOLDSTEIN
PERSONAL FINANCE REPORTER

Surging rents, skyrocketing real-estate prices and a booming tech sector. Sounds like San Francisco in 2016, right? It also describes the city just before the tech bust of 2000, according to a recent report.

John Burns Real Estate Consulting of Irvine, Calif., and Pacific Union, a San Francisco real-estate brokerage, say that based on the appreciation (and apparent correlation) of venture-capital deals and rent prices, the Bay Area’s rapid property-value and rental-cost appreciation today is looking more like a repeat of the dot-com bust of 2000.

Link to entire article:  San Francisco real estate looking like it did before dot-com crash in 2000 - MarketWatch:

Incline Village, Nevada as viewed from Sand Harbor State Park.

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