The Bay Area’s 10 Fastest-Appreciating Housing Markets: Q3 2018
October 18, 2018
October 18, 2018
October 17, 2018
October 16, 2018
Most millennials think that buying a home is a top priority. Also: Mortgage rates are nearing the 5 percent mark. Check out these and other key housing headlines in Pacific Union's latest Real Estate Roundup.
Golden State home price appreciation is projected to slow to a six-year low in 2019, although rising mortgage rates will reduce affordability even further.
For the second year in a row, most of the greenest cities in the U.S. are in California, again reflecting residents' environmentally conscious natures.
From stunning natural beauty to pleasant year-round weather to unique architecture, San Francisco has a whole lot going for it, not the least of which is the city's fabulous dining scene.
Intense demand for U.S. real estate combined with a shortage of homes on the market have caused prices to soar over the past few years, helping to fuel an increase in the number of Americans who are dishonest on their mortgage applications.
Silicon Valley posted the most new home listings in the country on an annual basis in September, while the U.S. employment rate has fallen to its lowest level since 1969. Get these and other stories of note from around the housing world in Pacific Union's latest Real Estate Roundup.
Almost one-third of the U.S. population now lives in an area where a six-figure income is necessary to afford a home purchase, and here in the Bay Area, buyers will need to earn quite a bit more than that to get a foot in the door.
America's housing market continues to see annual price appreciation, but gains are beginning to slow, driven in part by higher mortgage rates. Potential homebuyers in California and the Bay Area, however, are not seeing as much relief, with prices growing at roughly double the national average.
Golden State homeowners once again enjoyed the largest equity gains in the country in the second quarter, and that trend appears poised to continue, as California's is projected to lead the U.S. for annual home price appreciation by the summer of 2019.
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