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San Francisco, Still Expensive

While the NY Times is reporting on people leaving San Francisco for cheaper locales like Missouri, apparently enough rich people want to remain in San Francisco. Some houses sell in less than two weeks at or above the asking price. Others seem to linger on the market a bit longer. There are indications of "price corrections" and fewer multiple offers.

Will the upcoming bonus season perk things up? This deeply embedded reporter will give Curbed readers glimpses of another city obsessed with real estate. Obsessed, I tell you.