Economists: Low Interest Rates Will Linger Longer
October 7, 2015
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September 30, 2015 • Posted in Market Conditions
California cities account for more than half of the nation's hottest real estate markets as autumn gets underway, with San Francisco at the top of the list for the fourth consecutive month.
September 29, 2015 • Posted in Industry Surveys & Studies
Homeownership levels across the country have been steadily dropping for the past eight years, evidence that the U.S. housing-market recovery is still a work in progress. And both nationwide and here in the Bay Area, fewer homeowners face a cost burden than do renters, thanks in part to low mortgage rates.
September 28, 2015 • Posted in Weekly Real Estate News Roundups
Recent news of interest to homebuyers, home sellers, and the home-curious includes an index that calls the decision whether to purchase or rent property in the San Francisco metro area a draw. Additionally, another analysis says that a Tudor home is worth three times as much as a more common Ranch-style home.
September 25, 2015 • Posted in Industry Surveys & Studies
Three out of four millennial renters plan to buy a home, although most of them plan to wait a few years before making a move. Perhaps not surprisingly, expensive regions of the country such as the Bay Area have lower rates of expected Generation Y homeowners.
September 24, 2015 • Posted in Pacific Union News
The San Francisco Business Times recently ranked Pacific Union as the third largest residential real estate brokerage in the Bay Area, the latest industry accolade our company has received thus far in 2015.
September 23, 2015 • Posted in Industry Surveys & Studies
Fifteen percent of the most livable 100 small and midsized U.S. cities are located right here in the Bay Area, with Palo Alto, Walnut Creek, and San Mateo ranked among the top 20.
September 22, 2015 • Posted in Economic & Employment News
The Golden State's unemployment rate dropped in August, reaching half of the level recorded during the depths of the recession five years ago. Bay Area jobless claims followed suit, falling from the previous month in all nine counties.
September 21, 2015 • Posted in Weekly Real Estate News Roundups
Recent news of interest to homebuyers, home sellers, and the home-curious includes a report that ranks the college degrees that offer the most real estate purchasing power. Also, foreclosure activity in San Francisco took one of the largest drops in the country in August.
September 18, 2015 • Posted in Consumer Advice
Home inspections are so important that the U.S. Department of Housing and Urban Development recently began instructing lenders to urge all mortgage applicants, at first contact, to hire a licensed home inspector before signing a sales contract.
September 17, 2015 • Posted in Sonoma County
Situated on the banks of the Russian River amid towering redwood trees, the small, scenic, and relaxed community of Guerneville is becoming an increasingly popular spot for Sonoma County homebuyers, particularly given that real estate there remains quite affordable.
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