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.
Tag Archive: Silicon Valley
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.
April 10, 2017 • Posted in Weekly Real Estate News Roundups
A new report reveals a potential exodus of tech workers from the Bay Area, as rents continue to rise in San Francisco and San Jose. Get these and other stories of note in Pacific Union's weekly Real Estate Roundup.
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 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.
March 23, 2017 • Posted in Home Sales Volume & Inventory Conditions
Pending home sales dropped statewide and in the Bay Area in February due to an all-too-familiar culprit: extremely tight inventory.
March 15, 2017 • Posted in Industry Surveys & Studies
More than half of America's 10 best cities for money-management skills are located in Silicon Valley, with a Santa Clara County city claiming the top spot for the second year in a row. Find out which Bay Area residents are the most financially savvy.
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 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.
February 28, 2017 • Posted in Economic & Employment News
Home sellers with an office space or a bonus room will likely find it an increasingly attractive amenity to buyers, as the number of Americans who telecommute is on the rise. Which comes as fortunate news, considering that traffic and commute times aren't getting any better.
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