San Francisco Metro Area Shows Improvement

San Francisco is proving to be an unusual market for investing in real estate. The S&P/Case-Shiller 20-city home-price index, a closely watched gauge of U.S. home prices, shows the San Francisco Metro area to have the single largest year over year increase of 11.9%. California led the way with every city indexed showing a gain. San Francisco, San Diego and Los Angeles Metros all showed increases. The entire index rose 0.6% from a year earlier, while a 10-city gauge rose 1.4%, marking the first annual gains in both measures since December 2006. 11 of the 20 cities in the price index still experienced year over year declines in home prices. The market suffering the worst is Las Vegas with 14.6% decline.