I have been doing some market research and it looks like the median price of homes has been steadily increasing ($260k in Jan 2016, $285 in Jan 2017, $312k in Nov 2017) and days on market have been steadily falling in this area (21 days as of November 2017).  

It foreclosed in Nov 2016 and was purchased by the bank in July 2017 for $97,000.

The property is increasing in value and projected to continue doing so, but it feels like a lot of money tied up when I could be more innovative with financial prospects.Any recommendations for ways to capitalize on owning outright?

This is an innovative way to create significant cashflow using OPP (other peoples properties!).

It’s an industry generally terrible about adopting innovation because many working that industry are still seeing it as a competition to their day-day versus replacing low skill tasks and personnel to focus in higher value activities critical in the people era.

It ranks as a top hub of innovation that has attracted Investors and large companies like Google, Uber, Amazon, Autodesk and others.

But that would also take quite a bit of policy change and innovation to move the banking industry that direction.

I am curious to see if there is a need locally in our market for this innovative service.  

Paid cash in Nov 2017 for a 10 day close.

Our panels of experts will discuss innovations in design, construction and the law as solutions to the housing crisis, as well as the “cannabis economy,” including its wide-ranging policy implications and impacts from land use to finance.Tags: California, San Francisco, Bay Area