Despite fewer properties on the market than there were at the same time last year, California home sales increased modestly in September. Here in the Bay Area, which has the state's most severe inventory drought, the opposite held true, as sales dropped throughout much of the region.
Tag Archive: Geoff McIntosh
The number of homes for sale declined statewide and in every Bay Area county from one year earlier -- particularly entry-level properties -- keeping prices at a 10-year high.
The Bay Area's prolonged inventory drought again pushed prices higher last month, with more appreciation forecast throughout the second half of 2017.
Stubbornly low inventory conditions motivated Golden State homebuyers to act quickly in June, while prices continued to rise statewide and in the Bay Area.
A new study says that millennial homebuyers in the Bay Area face a down-payment savings time of nearly three decades, while another finds that Napa is one of the best places in America to hold an outdoor party. Get the lowdown on these and other stories of note in Pacific Union's weekly Real Estate Roundup.
California home prices hit their highest level since the previous housing boom in May, as demand continued to outstrip supply, both statewide and here in the Bay Area.
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.
March 16, 2017 • Posted in Home Price Conditions
A limited number of homes for sale helped push prices higher both statewide and locally last month, though the tight supply conditions could put a damper on the traditionally busy spring season.
February 22, 2017 • Posted in Market Conditions
California home sales got a boost in the inaugural month of 2017, while the number of transactions trended lower here in the Bay Area -- particularly in the more expensive counties.
December 20, 2016 • Posted in Home Sales Volume & Inventory Conditions
Home shoppers across major California regions -- including the Bay Area -- were quite active in November, boosting annual sales volumes by double-digit percentage points.
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