Lombard Street San Francisco California
Lombard Street San Francisco California

San Francisco, CA

Real Estate in San Francisco

  • About

  • History

  • Location

  • Things to do

  • Demographics

  • Culture

  • Schools

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Exploring real estate in San Francisco? Here's everything you need to know

San Francisco rightly ranks among the best cities in the world. This is a city with everything you would wish for, whether it is great infrastructure or ample living conditions. San Francisco is famous for grand-dame Victorians, cable cars, the iconic Golden Gate Bridge, along with a dynamic waterfront. With trend-setting cuisine ranging from an outrageous food truck experience to Michelin-starred dining, this city really does have it all. The fact that real estate in San Francisco is in record-breaking demand isn't surprising. Living in this city gives you access to great arts and entertainment, plus lots of exciting outdoor adventures. If you have the option of investing in real estate in San Francisco, take it. The city justifiably stands out as one of the ultimate real estate markets in the world.

History of San Francisco

History of San Francisco

History of California

The great city of San Francisco was established on June 29, 1776. Spanish colonists established a presidio at Golden Gate, marking the earliest settlements in the area. A section of the area known as Mission San Francisco de Asis was the first major settlement area in the city, attracting several inhabitants. San Francisco benefited immensely from the California Gold Rush of 1849, which brought rapid development to the city. The rapid increase in population saw San Francisco become the largest city on the West Coast. Between 1870 and 1900, the city was one of the most populous in the country, with a booming local economy. Around that time, approximately 23% of California's population lived in San Francisco. Over the past three decades, the city has experienced a massive boom initiated by the internet industry. In the late 1990s, there was the dot-com boom that saw an invigoration of start-up companies in San Francisco. A significant number of computer application developers and entrepreneurs moved into San Francisco due to the high number of employment opportunities. During the boom, there was a massive influx in real estate in San Francisco, with the demand for homes hitting record-breaking levels. Marketing, sales, and design professionals also moved to San Francisco, drastically changing its social landscape. The once poor neighborhoods in the city become gentrified, with wealthy people residing there. The increasing demand for new houses caused a second wave of massive infrastructure development, especially in the South of Market district. Today, San Francisco remains one of the most valuable cities to invest in real estate, and you shouldn't sleep on any chance of investing here!

History of California

Things to do in San Francisco

Things to do in San Francisco

 Golden Gate Bridge San Francisco California

San Francisco has it all, the food, the weather, the great outdoors, all within its borders. San Francisco is one of the most visited cities in the United States, with great attractions found here. It is also one of the cleanest cities in the country, making it a great place to live and work. Named the best city in 2021, there are a lot of exciting things you can see and do in San Francisco.
You can't mention popular places in San Francisco without mentioning the Golden Gate Bridge. This is the most photographed bridge in the world, and that is justified. A visit to the Golden Gate Bridge will leave you gasping for air due to its mind-blowing design. It is characterized by the 750-foot-tall towers that have stood firm since 1937. Even when covered in smoke, this landmark never fails to impress. You will have a spectacular view of the cityscape on one side, and picturesque nature on the other. You will also be impressed by the magnificent blue waters below it.
The Fisherman's Wharf is San Francisco's most popular waterfront community. A visit to this area will give you a memorable experience of some of the best dining the city has to offer. You will be served foods you can only get in the best hotels in the world! The area has outdoor stands that sell fresh Dungeness crab. You can also explore the various gourmet restaurants serving the freshest fish from the sea. Kids will also enjoy the several play areas found within the facility.

 Golden Gate Bridge San Francisco California

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Location

Map showing San Francisco

Location

Voted the best city in the world in 2021 by World City Rankings, San Francisco's geographic location is a thing of wonder. Perhaps, its strategic location played a crucial role in its rapid development. The city is found on the West Coast of the U.S., at the north end of its Peninsula. The city's landscape includes significant stretches of the San Francisco Bay and the Pacific Ocean forming its boundaries. Besides, San Francisco has several picturesque islands that make it quite captivating to explore. The city is often referred to as the "Hilly City" for a reason — there are more than 50 hills within its borders. In fact, some of the neighborhoods in San Francisco are named after these hills, for example, Potrero Hill, Nob Hill, and Russian Hill.

San Francisco demographics

San Francisco demographics

Large group of people forming the shape of California

San Francisco is one of the largest and most populous cities in the country. Of course, the city's real estate market wouldn't be one of the best if it didn't have a solid population. At the 2020 census, San Francisco had a population of 873,955. This was an 8.6% increase from the 2010 census, a clear indicator of more people moving into the city.
San Francisco has roughly 25% of Manhattan's population density, making it the second-most populous city in the United States, behind New York. This explains why real estate for sale in San Francisco is one of the most coveted, with the demand hitting the roof. The city is part of the Francisco-Oakland-Hayward Metropolitan Statistical Area, which is home to around 5.1 million people. San Francisco serves as this statistical area's demographic focal point.
High education is comprehensively achieved in San Francisco. In fact, this city has the second-highest percentage of people with college degrees, only Seattle has higher. To put it into context, over 44% of adults in San Francisco have a bachelor's degree. With a total of 350,000 graduates, San Francisco had the highest rate of degree owners among major cities. This is great for the real estate market because graduates demand good housing, expanding the market.
The high education levels in San Francisco translate to high median income. In the 2020 census, the city had a median household income of $71,683. This ranks it second in the country, only behind New York. The median family income is $81,123, ranking among the top five cities nationwide.
San Francisco's economy is highly diversified. It is majorly a service economy with employment spread across a wide range of businesses and financial investments. Some of the major sectors in San Francisco are technology, tourism, manufacturing, and real estate. The presence of some of the biggest companies in the world makes it a great place to work. In a 2016 estimate, around 26% of workers in the city were employed in the professional services sector. For the city-employed workers, 12% were in the health and education sector, 13% in government services, 11% in transportation and trade, and 7% in financial services. Real estate in San Francisco contributed around 8% to the city's GDP.

Large group of people forming the shape of California

Arts in San Francisco

Arts in San Francisco

Castro District San Francisco California

San Francisco has a lot to offer when it comes to entertainment options. The city is characterized by its culturally rich streetscapes that feature mixed-use neighborhoods found around commercial corridors. This makes it easy for you to walk around the city, exploring various attractions and landmarks. This unique characteristic saw San Francisco ranked the second "most walkable" city in the country by Walkscore.com. Therefore, if you enjoy taking strolls around the city, San Francisco is the place to be. You will also have access to various museums and art galleries found within the city.

Castro District San Francisco California

Schools in San Francisco

Schools in San Francisco

In San Francisco, the San Francisco Unified School District is in charge of running all public schools. Some of the charter schools in the area are under the California State Board of Education. The oldest public high school in the United States, the Lowell High School, is found a short distance from the city. There are five high schools and 34 elementary schools in the city. The University of California, San Francisco, a campus of the University of California is based in the city. It focuses on biomedical and health sciences, making it a great option for those interested in such studies. The presence of several educational institutions makes it profitable to invest in real estate for sale in San Francisco.

Stanford University California

Why San Francisco?

Why San Francisco?

Fishermans Wharf San Francisco California

Real estate in San Francisco is one of the most valuable in the country. Named as the best city in the world on multiple occasions, San Francisco has it all. The city has a thriving economy, iconic landmarks, and the best places to visit in the region. San Francisco is simply the best place to live or work, with some of the most ideal living conditions you can think of. Therefore, consider investing in real estate in San Francisco if you want good and quick returns.

Fishermans Wharf San Francisco California
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