Generation Z are so serious about homeownership that they are twice as likely to start saving money earlier than previous generations. Also: Mortgage rates have again reached the highest point since 2011. Check out what's going down in the housing world in Pacific Union's latest Real Estate Roundup.
Tag Archive: Federal Reserve
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.
A relatively affordable ZIP code in Alameda County ranks among the country's hottest real estate markets this year. Meanwhile, mortgage rates have climbed to a seven-year high. Read more in Pacific Union's latest weekly Real Estate Roundup.
An Alameda County city ranks as one of the top places in America for raising a family, while home flippers in two Oakland ZIP codes netted substantial profits in the second quarter. Keep up to date with the latest housing headlines of interest in Pacific Union's latest Real Estate Roundup.
The U.S. economy added jobs for the 95th consecutive month in August. Pacific Union Chief Economist Selma Hepp weighs in on the just-released numbers.
Student debt is much less of a problem in California than it is in other states, while a new report says that six in 10 tech workers cannot afford to buy a home in the Bay Area. Get the skinny on the latest housing news in Pacific Union's weekly Real Estate Roundup.
Bay Area communities dropped off a list of the nation's hottest real estate markets in June, but a separate analysis says the region is on track for a boom market. Check out the latest local housing headlines in Pacific Union's weekly Real Estate Roundup.
San Jose and San Francisco homebuyers put down the largest down payments in the U.S. in the first quarter and also have more co-buyers than anywhere else in the country. Take a peek at the latest housing headlines of note in Pacific Union's Real Estate Roundup.
Having either purchased lower-end homes in need of renovations or unable to move up due to tight housing inventory conditions, millennials are leading the charge when it comes to home remodeling, though they are not the biggest spenders.
Strong year-over-year home price appreciation continued in the Bay Area in May, pushing the median sales price to $1 million. Pacific Union Chief Economist Selma Hepp offers an in-depth analysis of the latest Bay Area real estate market conditions.
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