Last month, San Francisco's median price for a single family home was up 7.9 percent compared to the year before — solid — and also up for the third month in a row. A real estate report would like to add just a dash of caution to the big optimism stew, however: "A number of factors could delay the further strengthening of San Francisco’s housing market," including more foreclosures or distressed properties hitting the market, and higher mortgage rates. [SFBT]
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