Housing Bubble Returning In SF Bay Area

Uh-Oh. High-end SF-Bay-area housing is back up to bubble levels.

The Bay Area’s recovery from the housing crash is proceeding ZIP code by ZIP code, with only a few upscale communities nearing the values they saw before the bubble popped five years ago.
…According to an analysis by this newspaper of home values by ZIP code, with higher priced homes, such as the core of Silicon Valley and parts of San Francisco, have recovered much of the home equity lost in the crash.

And take a look at this recent not-high-end listing: 2br, 1ba, $795K