10 Real Estate Markets That Could Soon Resemble San Francisco

The housing prices that define the most expensive metropolitan areas in the country—think San Francisco, New York, and Los Angeles—have gone national.

March 28, 2022, 7:00 AM PDT

By James Brasuell @CasualBrasuell


San Francisco Houses

Jorg Hackemann / Shutterstock

"[O]ne impact of the pandemic appears to be far more metropolitan areas where the real estate market looks increasingly like San Francisco’s," according to an article by Kellie Hwang for the San Francisco Chronicle [paywall].

Hwang is sharing a recent analysis by the Chronicle that used Zillow data to catalogue the U.S. metropolitan areas experiencing "significant increases in home values and decreasing housing inventory over the pandemic."

"In our data analysis, we narrowed down the list to areas where home values rose 40% or more from Jan. 2020 to Jan. 2022, inventory from the same time period fell by 40% or more, and inventory is now at two homes or fewer per 1,000 people," explains Hwang.

“Two years into the pandemic, the U.S. housing market is virtually unrecognizable from before, with nearly half the number of homes for sale, prices a third higher and rising.” -Zillow spokesperson Tyrone Law

"What we found was a mix of both large and smaller metro areas whose housing markets have become less affordable and scarcer over the past two years."

The list might surprise: Missoula, Montana; Port Angeles, Washington; Provo, Utah; Oak Harbor, Washington; Salt Lake City, Utah; Raleigh, North Carolina; Merced, California; San Diego, California; Bellingham, Washington; and Helena Montana.

Thursday, March 17, 2022 in San Francisco Chronicle

A image of the World's Columbian Exposition overlayed with a picture of Keanu Reeves in the rain from the movie Point Break.

Keanu Reeves Set to Play Daniel Burnham in ‘The Devil in the White City’

Planning is going to get a new level of star power as a limited series adaptation of The Devil in the White City gets ready for television screens in 2024.

August 8, 2022 - Reel Chicago

Kids

Opinion: Aging Population, Declining Fertility Requires Long-Term Investments

Faced with the dire consequences of a one-two punch of aging populations and declining birthrates, one writer has suggestions for how policy can help ensure a better future.

August 9, 2022 - Financial Times

People gather on a street with no cars during the L.E.A.F. Festival of Flowers in the Meatpacking District of New York City.

The Tide Has Turned Against Open Streets

Once a promising development for advocates pushing for a less car-centric future in cities, the open streets movement has ceded significant ground to cars since the height of the pandemic.

August 14, 2022 - The New York Times

Jacksonville Skyway monorail train passing on elevated rail in front of downtown buildings

Jacksonville To Replace Monorail With Autonomous Shuttles

The city’s aging monorail system will be repurposed as part of an expanded 10-mile shuttle system.

45 minutes ago - Smart Cities Dive

Virginia

Richmond Weighing How to End Parking Requirements

A series of town hall meetings will allow the public a chance to give feedback about zoning changes in Richmond, Virginia that would include the end of parking requirements.

1 hour ago - WTVR

Three blue Amazon delivery trucks at bays at a distribution center

Key Warehouse Centers Challenge Distribution Center Expansion

Communities near major e-commerce distribution centers are increasingly resisting new construction, citing air pollution and other public health impacts.

August 16 - Bloomberg CityLab

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Hand Drawing Master Plans

This course aims to provide an introduction into Urban Design Sketching focused on how to hand draw master plans using a mix of colored markers.