For years, real estate has been one of the best investments in the Bay Area, but some experts are saying it’s now becoming a risky business.
Archive for August, 2005
July was the first month of 2005 in which Bay Area real estate prices did not reach a new peak but an official at a real estate information service said today that the market remains in good shape.
Housing prices are far outstripping salary increases for low- and moderate-income jobs, putting the American dream of owning a home beyond the reach of teachers, firefighters and other community workers in many cities, said a study released Tuesday.