Serious home shoppers who are hitting the open-house circuit hard during the traditionally busy spring season should not hesitate long, as properties are flying of the market quicker than ever before. That's especially true here in the Bay Area, where homes continue to sell at the among the fastest pace in the nation.
Tag Archive: Lawrence Yun
Homebuyers were active across the country in the opening months of 2017, further depleting inventory and pushing prices higher. Major Bay Area housing markets were among those to see annual price appreciation, and they remain the nation's most expensive.
April 14, 2017 • Posted in Industry Surveys & Studies
Tight inventory conditions helped push both investment and vacation home prices up in 2016, though they also contributed to sales declines for the latter.
March 29, 2017 • Posted in Industry Surveys & Studies
Student loans and high housing costs are posing challenges for both millennials and Gen Xers, but income gains and a thriving economy helped more of them become homeowners last year, prompting a modest improvement in first-time buyer activity.
March 28, 2017 • Posted in Market Conditions
Bay Area house hunters hoping to score a property this spring before interest rates move even higher should be prepared to act quickly and decisively, as homes in the region are selling faster than anywhere else in the country.
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.
February 27, 2017 • Posted in Weekly Real Estate News Roundups
Nationwide, existing home sales had their best month in nearly 10 years in January, while Santa Rosa ranks as one of the 10 cleanest cities in America. Catch these stories and more in Pacific Union's latest weekly Real Estate Roundup.
February 21, 2017 • Posted in Market Conditions
Appreciation sped up in the final three months of 2016, pushing prices to new all-time highs in just over 50 percent of U.S. housing markets. Here in the Bay Area, annual home price growth outpaced the national rate, and the region's two largest cities remain the nation's most expensive.
February 6, 2017 • Posted in Weekly Real Estate News Roundups
San Francisco homebuyers should put their savings plans on steroids if they hope to amass enough for a down payment. Also, February is the best month for home shoppers to snag a bargain. Check out these and other stories of note in our weekly Real Estate Roundup.
February 2, 2017 • Posted in Market Forecasts
U.S. home sales volume and prices should continue to increase this year, although rising mortgage rates and declining affordability will prove challenging -- particularly in expensive markets like the Bay Area.
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