Despite having reached full employment, California continues to add jobs at a steady rate. Pacific Union Chief Economist examines March job numbers in California and the Bay Area.
Tag Archive: Selma Hepp
April 20, 2017 • Posted in Home Sales Volume & Inventory Conditions
After a particularly rainy January and February, Bay Area home sales jumped in March as the region dried out a bit, although low inventory and the consequent affordability conditions are likely to stifle activity as the year progresses.
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.
April 18, 2017 • Posted in Pacific Union Quarterly Reports
The median home sales price increased in all of Pacific Union's regions on an annual basis in the first quarter of 2017. Get the latest market statistics, plus commentary from Pacific Union Chief Economist Selma Hepp, in our first-quarter real estate report.
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.
March 20, 2017 • Posted in Weekly Real Estate News Roundups
Spring officially arrives today, but U.S. real estate activity was already heating up in February. Also, your credit score might soon get a boost, as the major reporting agencies are relaxing a standard. Get a quick rundown of the latest headlines in Pacific Union's weekly Real Estate Roundup.
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.
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.
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