Tuesday, May 8, 2018

"Forget tech, this might be the best profession in the San Francisco Bay Area"

From the San Francisco Chronicle:
We often talk about tech as the most lucrative gig in the Bay Area, but real estate agents might give developers and project managers a run for their money.
WalletHub created a new ranking of the best places to be a real estate agent. No surprises here: Bay Area cities claimed the top spots.

WalletHub looked at 170 U.S. cities and evaluated each on the health of the real estate environment. While San Francisco ranked in the top overall spot — thanks to the highest median price — it tied with both San Jose and Seattle for fewest days on the market.

Four Bay Area cities made the top five, but one Pacific Northwestern outpost wedged its way to the number two spot. That would be Seattle, of course, the headquarters of Amazon and a burgeoning tech capital. The coastal city's housing market shattered records of its own in March, with the median home price hitting $777,000. 

Even Santa Rosa, a city on the northern outskirts of the Bay Area, made the top 10, ranking seventh overall. The revelation provides support for a recent regional trend: People are pushing further and further away from San Francisco and the heart of Silicon Valley to more inland and suburban areas. Housing prices are cheaper on the edges of the Bay Area, but commutes are longer....MORE