Bay Area Home Sales Soar: Will It Last?


In the San Francisco Bay Area, real estate sales were up in May, thanks to the increase in home purchases due to the tax credit rush. According to DQ News, sales for median to high end neighborhoods rose, helping take the median price for homes north of $400,000 for the Bay Area -- the first time in 21 months.

Good news to be sure, but is this just a one-month surge, or could this last?