Burt Tsuei

Has Daly City Seen the Bottom?

November 16, 2008 · Burt Tsuei · 7 Comments

No other city in San Mateo County has seen a greater depreciation in home value in the last year than Daly City.  Back in September 2007, the average sales price of Daly City was $730,000, as compared to $565,000 in September 2008.  This is a depreciation of almost 23%.  The most common question is whether or not this is the bottom of the market.  In this blog, I will share with you my expert opinion, as to why the bottom has come to Daly City, and this might be your last chance to get a great value. Read more

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