Real estate recovery likely to be slow

Real Estate recovery likely to be slow, but if you look where it looks the best its right here in our wonderful Bay Area!!! Best micro area to buy real estate is right here!


Fair warning to U.S. reajavascript:void(0)l estate players: Resign yourselves to "a slowing grind-it-out recovery" in 2012, as "enduring economic doldrums" continue to weigh heavily on the market.

Your best bets: a small handful of "property-wealth islands," including San Francisco and San Jose/Silicon Valley, both seen as "primary 24-hour gateways located along global pathways," according to a report being released today at the Urban Land Institute conference in San Francisco.

San Francisco ranks third out of 51 cities as a place to invest in and develop commercial and multifamily apartment properties and fourth in for-sale home building, with San Jose two or three rungs lower in each category, according to the survey compiled by the institute and PricewaterhouseCoopers.