San Francisco is a great  place to live.  It is situated in California and is among the best cities in California. You must have heard about golden gate bridge which is among the longest bridge all over the world. Either you want to have fun or you are damn sure to settle in San Francisco, you will really feel great and have great time in San Francisco. You must have heard about red wood. However if you want to see it you can do it in San Francisco. Either you are at downtown or enjoying at golden gate bridge. You will really enjoy real estate market in San Francisco.

You will be able to find all kind or real estate property in San Francisco. You will find condos, apartment of all type and size. You can find commercial apartments. It’s on your choice that which property you want to buy. Before giving any new information I would like to give you all following points. There are about 1291 homes for sale in 2008. The median price of all the houses is $875000. Number of new homes is 2 and its median price is $896000. However the number of foreclosure property is very high and it is about 1126. The average cost of foreclosure properties is $429000.

You can just look at the above statistics and you will soon find the average cost of foreclosure properties is vey less and you will really be profited while buying foreclosure properties. You can just check that the average price of real estate is only half of the actual prices of other houses.

I would now like to give you some tips so that you will feel better while investing in real estate market:

1. Make sure that what is your choice and which type of property would you like to buy.
2. Make sure whether what is your budget and how large your house should be.
3. Hire the real estate agents. This will be a great help to you since they will guide you through the whole process of the buying and selling of the real estate.
4. You should also consult a realtor before actually buying the house. Realtors are licensed like real estate agents and you will really need them.
5. Consult your lawyer if you are confused with the contract.
6. You should make sure that you know about each and every part of the contract. You cannot question the contract once you have signed it.

These are few tips. However rules for buying a house is same as other cities of US and you will really enjoy living in San Francisco. I must also tell you that San Francisco is an IT hub. All the big software company have outlet in San Francisco. Either it is Microsoft or Accenture, you will find them all.