A home in the Noe Valley neighborhood of San Francisco sold in July 2014 for $1.8 million in cash – $600,000 more than its asking price. The median selling price for homes and condominiums in San Francisco hit seven figures for the first time a month earlier.
A home in the Noe Valley neighborhood of San Francisco sold in July 2014 for $1.8 million in cash – $600,000 more than its asking price. The median selling price for homes and condominiums in San Francisco hit seven figures for the first time a month earlier. Jeff Chiu Associated Press file
A home in the Noe Valley neighborhood of San Francisco sold in July 2014 for $1.8 million in cash – $600,000 more than its asking price. The median selling price for homes and condominiums in San Francisco hit seven figures for the first time a month earlier. Jeff Chiu Associated Press file
Foon Rhee

Foon Rhee

Associate editor, editorial writer and Viewpoints editor

The Numbers Crunch: Real estate is really more expensive in California

July 17, 2015 05:00 PM

UPDATED July 18, 2015 12:00 AM

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About This Blog


Foon Rhee, an associate editor, joined the The Sacramento Bee’s editorial board in February 2010 after reporting and editing for newspapers in Massachusetts and North Carolina and keeping his opinions to himself. He graduated from Duke and went to graduate school during a fellowship at the University of Hawaii. Foon Rhee can be reached at frhee@sacbee.com or 916-321-1913. Twitter: @foonrhee.