San Francisco homes sell for $1m above asking price amid AI boom

A bustling San Francisco street showcases a row of colorful homes with "For Sale" signs, reflecting the city's booming real estate market amid rising demand from the tech industry.

According to data from the San Francisco Association of Realtors, the average home price in the city reached approximately $1.8 million in September 2023, marking a significant increase compared to the previous year. This surge has been attributed to a combination of low inventory and high demand, as buyers compete for a limited number of … Read more