The accessibility of housing in San Francisco has been an issue gaining steam over the past several years. A closer look at residential permits classified as "new construction" projects reveals a glaring disparity between Seattle and San Francisco since 2006.

The shortage of available homes for sale has become a major trend in advance of the busy spring home shopping season.

It may seem bold to be presenting a housing shortage in the middle of what many consider a housing crash; however, the numbers, market conditions and major market inventories are starting to make this startling prediction real.