Emerging real estate trends
San Francisco i sknown to rank fifth in the US as a location for real estate development and investment, according to a national study released in San Francisco. The cty lost to New York City, which was considered to be the most desirable metropolitan area for investments in development and real estate, according to the 2008 Emerging Trends study. This is an annual survey of real estate industry professionals put out by PricewaterhouseCoopers and the nonprofit Urban Land Institute. Rank as higher than San Francisco on the annual list was Seattle.
Factors that made San Francisco attratctive are access to airports and ports, the importance placed on transit oriented development and its 24/7 status, global-pathway city, according to expertsat the Emerging Trends in Real Estate Conference.
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