Time to Invest in San Francisco Multi-Unit Residentials?
Multi unit residential sales worked out well for both buyers and sellers in 2014 through 2016, and could be an excellent investment opportunity in 2017—even in a cooler market. And according to new data Paragon Real Estate Group would be the best broker to successfully work these deals with. In two graph charts just released from Paragon which tracked sales of 2+ unit residential buildings Paragon was the top real estate broker (among 9 other major real estate companies) for multi unit selling and buying—at win-win prices for both parties. This is in a market where for every 2 multi-unit listings that sell, 1 listing does not sell and expires.
Over the past 4 years Paragon has concluded the sale and purchase of $2.2 billion in Bay Area multi-unit and commercial real estate transactions.
Below are the two graphs.