San Francisco real estate market activity was noticeably cooler this summer than last, with fewer properties selling above asking price and sellers receiving smaller premiums. Pacific Union Chief Economist Selma Hepp explains what it all means and what to expect looking ahead.
Pacific Union Chief Economist Selma Hepp dives into slowing sales trends in certain segments of the Silicon Valley housing market and offers a look at what to expect moving forward.
October 19, 2016 • Posted in Home Price Conditions
Although California single-family home prices are still short of their record highs, the majority of Bay Area counties have eclipsed the peaks that they attained during the previous housing boom.
October 18, 2016 • Posted in Pacific Union Quarterly Reports
Pacific Union's new and improved quarterly newsletter has all the latest regional and community-level real estate market data, along with expert commentary and forecasts. Find out how the recently completed third quarter played out across all of our Bay Area regions.
October 4, 2016 • Posted in Market Conditions
San Francisco, which lost its title as the hottest U.S. real estate market to a Bay Area suburb back in the spring, returned to the head of the class in September, coinciding with a miniature Indian summer heat wave in Northern California.
September 30, 2016 • Posted in Home Price Conditions
Although about half of Bay Area counties saw modest housing affordability improvements in the third quarter, the average household can expect to shell out a hefty percentage of its income in order to own a home.
September 20, 2016 • Posted in Market Conditions
Rising prices are putting homes out of reach for an increasing number of California and Bay Area residents, resulting in an annual decline in sales volume last month.
September 15, 2016 • Posted in Market Conditions
High real estate costs, both to purchase and renovate properties, make Bay Area cities among the least friendly in the nation for home flippers hoping to turn a fast profit.
September 13, 2016 • Posted in Pacific Union Monthly Real Estate Updates
Although annual home price appreciation continued to moderate throughout much of the Bay Area as summer drew to a close, two of our second-home markets -- Sonoma Valley and Lake Tahoe/Truckee -- enjoyed gains of more than 20 percent. Get a handle on the latest market conditions in Pacific Union's August Real Estate Update.
Although some segments of the Bay Area's housing markets are slowing, properties in Alameda County are still commanding substantial premiums. Pacific Union Chief Economist Selma Hepp takes a deeper look at the East Bay numbers, as well as related market data from around the Bay Area.
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