Foreclosures were up 89.2% and rental prices were up 8.2% in the nine-county Bay Area for the third quarter compared to the same period last year. Overall, demand for rentals have risen as people realize that buying a home may not yield the high gains that have been seen in the last few years. It’s hard to gauge the San Francisco average rental price because official stats include buildings with 50 units or more, and half of San Francisco’s rentals are in buildings with 10 units or less.

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