25 metro areas are expected to underperform, 64 of them said San Francisco. And only 24 thought it might outperform. When you subtract 24 from 64, San Francisco gets the worst markets in the country, a minus 40. San jose didnt do much better, getting a minus 38. Fluctuating Interest Rates and the new tax law which caps your itemized deductions at 10,000 have had an impact on this coolingoff trend. Simon hsu says the market is not as aggressive as it has been but its still competitive. Two or three weeks ago i put an offer on a Single Family home in San Francisco and there are nine offers. Reporter still, people here are not sure they necessarily want to stay. Theyre sitting there in traffic and thinking, can i do this job elsewhere . A lot of companies are hanging onto their workers by letting them go to denver or atlanta. Reporter for those thinking of selling now, england says it may be a good idea to wait. California real estate has appreciated more than in other regions. I think yo