Who thinks Bay Area CA price will increase or decrease in 2017??

[Raj Pat]

Hello BP Family, 

Thank you for opening this post. I'd like to start an intelligent and informative discussion on our predictions for the Bay Area (South-Bay, SF, East-Bay and Peninsula) in 2017. 

Understanding prices have increased in 2016 yet again over the last few years, prices have surpassed 2006 times by very far. With elections around the corner there is a lot of talk around the Bay Area markets will either stabilize, values will decrease and or see barley any growth in future prices. I am referring to the residential markets in these areas. If we look at the low end, middle and high end market it's very difficult to gauge if we will have a correction in 2017. However check out these articles below the first one talks about the values dropping and the other shows prices will go up. 

Question becomes: Is it time to put the breaks on the flipping game? My say is it's all about capital structure and be ready to have multiple exit strategies. 

http://www.bloomberg.com/news/articles/2015-06-01/...

http://www.forbes.com/sites/billconerly/2015/12/10...

[Jay Hinrichs]

correct me if I am wrong but the peninsula even during the GFC constricted how much ? then made new highs..as your stating. 

as long as there is capital for home owners and interest rates don't sky rocket and tech remains profitable.. I would surmise that the bay area will do just fine.  but peninsula RE is simply not like any other real estate in the country...