Tag Archive: baby boomers
Pacific Union Chief Economist Selma Hepp examines millennial population and homeownership trends in California and the Bay Area.
Having excellent credit is a key factor in obtaining a mortgage, so it comes as welcome news for the economy and the housing market that Americans' credit scores rose again in 2017, though the fact that debt has reached a record high somewhat tempers the picture.
A Bay Area suburb has been named 2017's hottest residential real estate market, while Google has plans to bring plenty more workers to Silicon Valley. Get your post-holiday housing news fix in Pacific Union's latest Real Estate Roundup.
More than half of millennials and older adults prefer neighborhoods that allow them to walk to amenities such as restaurants and shops, and they are willing to spend more money on housing to live in such communities.
Homeowners in the San Francisco metro area who are planning to renovate their master bathroom should be prepared for a hefty bill, as that project costs more here than it does anywhere else in the country.
Despite the Bay Area's high cost of living, a recent study says that most of California's 20 best cities for retirees are located here.
Owning a home remains a crucial part of achieving the American Dream, and financial gain is not the primary reason.
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