While headlines point to rising inventory, price drops, and slow sales, that reality is heavily concentrated in downtown neighborhoods like SoMa, South Beach, and Mission Bay. Remove those areas from the equation, and a completely different story emerges: one where demand is strong, inventory is tight, and well-located condos are selling fast—often with multiple offers.

The appraisal can make or break a real estate deal. Understanding how appraisers determine value—and what happens if an appraisal comes in low—can help buyers navigate the home buying process with fewer surprises.