Free Republic

The median home sale price in the San Francisco metropolitan area jumped 14.4% year over year in March to a record $1.7 million. That’s the largest increase since March 2018 and the biggest gain among the 50 most populous U.S. metro areas. Condo prices in San Francisco rose particularly quickly, posting a 24.4% year-over-year increase last month—the largest since 2013. San Francisco’s housing market has been heating up as a boom in the artificial intelligence industry and a return to the office have coincided with a lack of inventory. “A lot of 22-year-olds are getting $500,000 signing bonuses from AI...

Former Police Chief Jerry Sanders defeated Councilwoman Donna Frye last night to become San Diego's 34th mayor, capturing the decisive victory that eluded his predecessor a year ago. Both addressed their supporters about 11 p.m., with Sanders declaring victory and saying he was very proud to be elected, and Frye saying she planned to call him shortly to congratulate him. "In late 2004 and 2005, as I watched the meltdown at City Hall, I knew I had something to offer – the experience and the skill to turn things around," Sanders said to loud applause. "To my surprise, I discovered...