Homeowners in San Francisco and Los Angeles gained $80 billion of tappable equity last year, while the U.S. median list price has again reached a new record high. Get a handle on the latest housing news of note in Pacific Union's weekly Real Estate Roundup.
Tag Archive: home equity
Prefabricated homes are popping up in the Wine Country, as those affected by the October wildfires seek a quicker way to rebuild. Also, homebuyers in Silicon Valley are making down payments almost 15 times larger than the U.S. average. Get the lowdown in Pacific Union's latest Real Estate Roundup.
San Jose and San Francisco once again had the most equity-rich homeowners in the U.S. in the third quarter. In other news, lenders think more first-time homebuyers will enter the market next year with the help of low-down-payment mortgages. Get these and other hot housing headlines in Pacific Union's weekly Real Estate Roundup.
Strong price appreciation has increased the amount of equity that homeowners can borrow against, with California accounting for a significant share of the nation's equity
Golden State homeowners pulled in the nation's second-largest equity gain in the first quarter, as the San Francisco metro area again posted the highest number of properties with positive equity.
March 14, 2017 • Posted in Market Conditions
Although California price appreciation slowed in 2016, homeowners still gained about twice as many equity dollars as the national average. San Francisco remains the country's leader in that respect, with virtually all homeowners in positive-equity territory at the end of last year.
February 13, 2017 • Posted in Weekly Real Estate News Roundups
There are more equity-rich homeowners in San Francisco and San Jose than anywhere else in the country, while the latter city is ranked as one of the best U.S. places to live in 2017. Check out these and other stories of note in our weekly Real Estate Roundup.
December 13, 2016 • Posted in Market Conditions
More U.S. homeowners moved into positive-equity territory in the third quarter, with the San Francisco area again leading the nation in that respect.
November 21, 2016 • Posted in Weekly Real Estate News Roundups
Investors seeking a Bay Area rental property may find that early winter is the ideal time to get a bargain. Also, mortgage rates are soaring as the dust settles from the U.S. presidential election. Get these stories and more in Pacific Union's weekly Real Estate Roundup.
October 27, 2016 • Posted in Economic & Employment News
Both in spite of and because of its pricey housing market, San Francisco ranks as the best city in America for accumulating wealth.
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