Although California’s April jobs report was somewhat of a disappointment, the number of unemployed residents has declined to the lowest rate since the dot-com era. Pacific Union Chief Economist Selma Hepp examines the latest state, Bay Area, and Southern California job numbers.
Bay Area home sales dipped from March to April, which is not consistent with typical seasonal patterns. Pacific Union Chief Economist Selma Hepp examines the latest numbers and trends in a new Straight Talk column.
The U.S. unemployment rate fell to its lowest level in nearly a decade in April. Pacific Union Chief Economist Selma Hepp examines the latest job numbers and trends.
Pacific Union Chief Economist Selma Hepp offers her take on the potential impacts of the Trump administration's proposed tax changes and how they might affect homeowners and homebuyers.
Despite having reached full employment, California continues to add jobs at a steady rate. Pacific Union Chief Economist Selma Hepp examines March job numbers in California and the Bay Area.
Sales volume in the Bay Area saw a bigger-than-usual spike from February to March, promising a strong spring season. Pacific Union Chief Economist Selma Hepp examines the latest trends across the region and in individual counties.
Although the U.S. economy added fewer-than-expected jobs in March, today's employment report is overall positive. Pacific Union Chief Economist Selma Hepp takes a look at the latest numbers.
California and Bay Area job markets enjoyed continued prosperity in February, though an out-migration of workers from Silicon Valley to other tech hubs is a potential concern. Pacific Union Chief Economist Selma Hepp offers her take on the latest employment numbers.
Pacific Union Chief Economist Selma Hepp breaks down the Federal Reserve's decision to raise interest rates for the second time and what it could mean for the Bay Area's housing market.
Pacific Union Chief Economist Selma Hepp offers her perspective on the most recent U.S. and California job reports.
Pacific Union CEO Mark A. McLaughlin offers his thoughts on efficient and effective time-management skills -- sound advice that's applicable to the real estate industry and beyond.
Pacific Union CEO Mark A. McLaughlin weighs in on Palo Alto-based DeLeon Realty's recent decision to waive buy-side commissions in home sales where its agents work both sides of the transaction.
November 19, 2015 • Posted in Pacific Union Insights
Home price growth should normalize throughout the Bay Area over the next three years, though demand is likely to remain high based on our region's economic strength. Get high-level takeaways from Pacific Union's economic and real estate forecast for 2018, which was presented in partnership with John Burns Real Estate Consulting.
July 24, 2015 • Posted in Pacific Union Insights
In early October, the Consumer Financial Protection Bureau will implement new mortgage regulations that both homebuyers and sellers need to understand. Pacific Union CEO Mark A. McLaughlin explains.
November 13, 2014 • Posted in Pacific Union Insights
Last week, Pacific Union teamed with noted consulting firm John Burns Real Estate Consulting to deliver a report and presentation that offer a lens into the future of the Bay Area’s real estate market and economy. Get the major takeaways or watch the full recorded presentation for a deeper dive.
October 21, 2014 • Posted in Pacific Union Insights
Pacific Union is proud to announce that we've partnered with the esteemed John Burns Real Estate Consulting firm to create the first-of-its-kind San Francisco Bay Area Real Estate Outlook 2017. We will introduce the report at an invite-only event in San Francisco on Nov. 5 and stream the event live in both English and Mandarin.
July 28, 2014 • Posted in Pacific Union Insights
Today's $3.5 billion acquisition of rival Trulia drives home the point that Zillow is here to stay. But despite Zillow's powerful position in the marketplace, brokerages must provide the vision to propel our industry forward. Pacific Union CEO Mark A. McLaughlin weighs in on the debate.
Zillow recently unveiled its Coming Soon feature, a forward-thinking initiative that lets real estate professionals advertise exclusive property listings up to 30 days before they are loaded into the MLS. Pacific Union CEO Mark A. McLaughlin offers his thoughts on what this means for the industry.
Over decades, real estate brokerages have developed a code of ethics when it comes to clients and sharing fees for representation. A recent disappointing experience with a development firm called The New Home Company prompts Pacific Union CEO Mark A. McLaughlin to speak out against its policies.
Zillow, Trulia, and Move Inc. are making millions in annual revenue -- by selling leads and software to real estate professionals. It's a great business model for them. But how does it work for our industry?
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