March 13, 2017 • Posted in Weekly Real Estate News Roundups
Home flippers in three Bay Area cities pulled down profits in excess of $100,000 last year, while Americans' confidence in the housing market has climbed to a new high. Peruse the latest headlines of note in our weekly Real Estate Roundup.
As in January, Bay Area home sales declined year over year in February, although recent open-house activity in one local county suggests another busy spring. Pacific Union Chief Economist Selma Hepp has an expert, in-depth analysis of the latest real estate statistics in a new Straight Talk column.
March 9, 2017 • Posted in Pacific Union Monthly Real Estate Updates
Annual home price movement was a mixed bag across the Bay Area in February, although prices in the East Bay, the Mid-Peninsula, and Lake Tahoe climbed to one-year highs. Get a handle on current market conditions with Pacific Union's latest monthly real estate update.
March 8, 2017 • Posted in Market Forecasts
The economy is expected to continue its expansion over the next three years, marking the longest stretch of prosperity on record, although there is a substantial risk of a recession by 2021.
March 7, 2017 • Posted in Market Conditions
U.S. homes remained a sought-after commodity in February -- typically a slow month for real estate activity. That was certainly the case here in the Bay Area, where homes sold at the quickest clip in the nation.
March 6, 2017 • Posted in Weekly Real Estate News Roundups
Rising mortgage rates caused home loan origination activity to dip in the fourth quarter, while they had the opposite effect on refinancing activity. And no surprise here: Three Bay Area counties rank among the nation's top 10 wine destinations in 2017. Check out these and other stories of interest in Pacific Union's weekly Real Estate Roundup.
March 3, 2017 • Posted in Industry Surveys & Studies
Half of all U.S. homeowners would do something differently if they could repeat the purchase process, with saving a larger down payment at the top of the list. Find out what other aspects of the homebuying process invoke a bit of buyer's remorse.
March 2, 2017 • Posted in Market Conditions
The current U.S. real estate market is proving challenging to the youngest and largest group of homebuyers, with ownership rates for those under 35 at a two-decade low as of 2015. Conditions are even harder for first-time buyers in California, where high prices, tight supply conditions, and poor affordability are keeping more millennials from purchasing homes.
March 1, 2017 • Posted in Real Estate Trends
U.S. home-remodeling spend has surpassed its previous peak, as owners in metro areas like San Francisco, where both home values and incomes are high, spare no expense on upgrades.
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