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: National Association of Realtors
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.
Bay Area pending home sales slid for the sixth straight month in March, the result of a continual shortage of affordable homes for sale. Check out recent notable headlines in Pacific Union's weekly Real Estate Roundup.
April 6, 2017 • Posted in Consumer Advice
There are many neighborhood attributes that can affect a home's value -- some obvious and some not. For example: A home located within a mile of a surf break gains more than $100,000 in value.
March 30, 2017 • Posted in Industry Surveys & Studies
The first quarter of 2017 officially wraps up tomorrow, and consumers are feeling good about the state of the economy and the housing market, even as more mortgage-rate hikes loom.
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 27, 2017 • Posted in Weekly Real Estate News Roundups
In spite of the Bay Area's high housing costs, millennials are still flocking here for the region's plentiful, high-paying jobs. Also, some of the Bay Area's most expensive rental markets have seen significant price declines since last March. Check out these and other stories of note in our latest 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.
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