Seventy-five percent of Americans will not buy their dream home if it does not suit their pets' needs, while a prominent industry expert calls the possibility of a housing market crash near zero. Check out the latest stories of interest in Pacific Union's weekly Real Estate Roundup.
Tag Archive: Los Angeles
Home price growth in California, the Bay Area, and Los Angeles, outpaced the national rate in June, further hampering affordability and keeping a lid on sales activity.
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.
Pacific Union would like to congratulate Los Angeles real estate professional Aaron Kirman for being tapped to work the sell side of the largest U.S. real estate listing in history.
The San Jose metropolitan area once again posted the highest home price appreciation and seller returns in the second quarter, although price growth in the region is finally decelerating.
Almost all new homeowners have calculated their monthly mortgage payments, but fewer have likely factored in the cost of routine maintenance tasks.
The appreciation recorded in the Golden State over the past few years is paying off handsomely for homeowners, though it also means that real estate markets here are among the toughest in the U.S. for first-time buyers.
In what will come as little surprise to anyone who follows California real estate, the state is home to the top three housing markets in the country with the highest percentage of million-dollar properties, with Silicon Valley at the top of the pack.
Homeowners in San Jose and San Francisco spent more on remodeling projects in 2017 than anywhere else in the country -- indoor shark tanks not included. Also: Pending home sales rise in the West and drop in the South.
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