Surging Demand Pushes Bay Area Home Prices Higher in May

June 12, 2017   by Selma Hepp
Executive Summary: The Bay Area housing market heated up again in May, pushing home prices 7 percent higher year over year. San Mateo and Marin counties saw the biggest jumps in median prices in, at 13 percent. Buyer......
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Pacific's Union May 2017 Real Estate Update

June 9, 2017   by Tom LeMieux
Similar to April, inventory conditions in Pacific Union’s Bay Area regions in May were almost uniformly down year over year except in the East Bay, where the number of homes for sale improved only slightly from last spring. The lack of......
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Deciphering Home Prices: Are They Declining in San Francisco?

June 6, 2017   by Selma Hepp
  Executive Summary: The recent Federal Housing Finance Agency House Price Index showed 2.5 percent first-quarter year-over-year depreciation in the San Francisco metropolitan division, which includes San Francisco and......
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Rising Mortgage Rates Drag Down Refinancing Activity

June 2, 2017   by Tom LeMieux
First-quarter refinancing and loan-origination numbers were down substantially on a quarter and monthly basis, as rising mortgage rates caused some homebuyers to pause. Thirty-year, fixed-rate mortgages averaged 3.95 percent for the......
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Real Estate Roundup: Bay Area Home Prices Hit New Peak -- Again

May 26, 2017   by Tom LeMieux
Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. BAY AREA, THREE LOCAL COUNTIES SEE ALL-TIME HOME PRICE HIGHS IN APRIL The Bay Area’s exceptionally tight supply of homes for sale......
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Bay Area Pending Home Sales Continue to Plummet

May 23, 2017   by Tom LeMieux
California pending home sales decreased for the fourth consecutive month in April, while the Bay Area registered the seventh straight month of declines. Bay Area pending home sales were down by more than 17 percent year over year,......
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Real Estate Roundup: The College Degree That Buys a Home the Fastest

May 21, 2017   by Tom LeMieux
Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. ENGINEERING OFFERS THE QUICKEST ROUTE TO HOMEOWNERSHIP Much has been written about the challenges facing millennials when it comes to......
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California's Housing Affordability Inches Up, While Bay Area Conditions Stay Flat

May 19, 2017   by Tom LeMieux
Despite the state’s thin supply of housing, wage growth helped boost affordability ever-so slightly in the first quarter, while there was little relief to be found for Bay Area home shoppers. That’s according to the......
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California Home Prices Near a 10-Year High in April

May 17, 2017   by Tom LeMieux
The Golden State’s median home price climbed to a height not seen since the previous housing boom in April and is likely to keep rising, further squeezing already tight affordability conditions for the rest of the year. The......
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Real Estate Roundup: How Much Does a Golden Gate Bridge View Cost?

May 12, 2017   by Tom LeMieux
Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. VIEWS OF SAN FRANCISCO’S ICONIC BRIDGE COMMAND BIG PREMIUMS San Francisco is a city with no shortage of stellar views, and the......
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