The Bay Area's real estate market and high-performance economy are currently running at full steam and appear poised to carry that momentum over the long term.
Tag Archive: Los Angeles
Despite the Bay Area's exceptionally high housing costs, the region is the nation's most in-demand job market for workers who are willing to relocate, while Los Angeles is also a popular destination.
Homeowners in Silicon Valley and San Francisco are still America's most equity-rich, while the Federal Reserve chose not to raise interest rates at its most recent meeting. Check out what's happening with the housing market in Pacific Union's weekly Real Estate Roundup.
Home sellers in San Francisco and the Wine Country who hope to receive premiums should consider listing their properties in May, while those in Southern California might want to wait until June.
Aspiring homeowners in San Francisco will need to save for nearly a decade to amass a 20 percent down payment, while mortgage rates have climbed to a four-year high. Check out the week's most notable housing-market headlines in Pacific Union's Real Estate Roundup.
Pacific Union would like to applaud the efforts of Nick Cooper and many of our other Bay Area and Los Angeles real estate professionals for their work helping to build homes where people need them most.
Over the past decade and a half, more than 20 U.S. states have not built enough homes to meet demand, leading to rising prices and decreased affordability, with California accounting for nearly half of the undersupply.
Pacific Union CEO Mark A. McLaughlin offers his thoughts on Zillow's recently announced iBuyer offering.
The Bay Area's high-performance economy has been driving demand for housing for the past five years, and the region's job market appears stronger than ever in 2018.
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.
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