Despite the Bay Area's top-dollar cost of living, the region's rapid home price appreciation and booming economy have helped land a handful of local cities on lists of the best places to live in America.
Tag Archive: Hayward
Pacific Union Chief Economist Selma Hepp digs into the implications that Proposition 10 -- which would repeal the Costa-Hawkins Rental Housing Act -- would have on California housing markets.
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.
During the current housing cycle, Oakland has become a hot spot for Bay Area homebuyers who are priced out of San Francisco, so it's hardly surprising that a new study ranks the city as one America's fastest-rising real estate markets.
Demand for California homes remains high as the traditionally busy spring season begins, with more than two-thirds of 2018's top markets for sellers located in the state.
An East Bay home recently commanded attention for its exceptionally low list price. And South Bay home prices have reached a new all-time high. Get the latest news from the world of local real estate in Pacific Union's latest weekly Real Estate Roundup.
The Golden State's housing market is currently not particularly friendly to those looking to get a foot in the door, as it is home to the majority of the nation's 10 least-affordable markets for first-time buyers. And here in the Bay Area, conditions are even more problematic for first-time buyers, as the median income won't buy a home in any ZIP code in three local counties.
Although some home shoppers may overlook electricity, water, and gas bills when calculating how much they can afford to spend, utilities can add a significant amount to homeownership costs. Golden State homeowners can get some of that money back with solar panels, which more than double a home's profit when the time comes to sell.
Yesterday, Pacific Union held its third annual Real Estate and Economic Forecast in partnership with John Burns Real Estate Consulting in order to project Bay Area activity through 2019. Pacific Union Chief Economist Selma Hepp, one of the panelists at the event, offers key, high-level takeaways.
November 2, 2016 • Posted in Market Conditions
U.S. homes sold slightly quicker this year in October than they did one year ago, particularly in San Francisco, which once again ranks as the country's hottest real estate market.
Sign Up for Daily Blog Updates
Receive daily blog posts from Pacific Union in your inbox.
Sign up for Monthly Market Updates
Receive monthly real estate news from Pacific Union in your inbox.