Although the Golden State's tight housing supply situation improved again in September, rising mortgage rates and buyer sentiment that the market may be topping out conspired to hold back home sales.
Tag Archive: Marin County
California's unemployment rate dropped to the lowest level in more than 40 years in September. Pacific Union Chief Economist Selma Hepp offers her perspective on the Golden State's latest jobs report.
This short video offers a high-level overview of home sales activity in Marin County in the third quarter of 2018.
As in the second quarter, the median home price in the third quarter of 2018 increased year over year in every Northern California region in which Pacific Union operates. Get all the latest market data, plus expert commentary from Pacific Union Chief Economist Selma Hepp in our latest quarterly real estate report.
Almost one-third of the U.S. population now lives in an area where a six-figure income is necessary to afford a home purchase, and here in the Bay Area, buyers will need to earn quite a bit more than that to get a foot in the door.
August was another solid month for job additions in California, with employers creating 44,800 positions and the unemployment rate remaining at a record low. Get Pacific Union Chief Economist Selma Hepp's take on the latest numbers.
The number of active listings in California rose by more than 15 percent year over year in August, though prices continued to increase in every major region of the state, with the nine-county Bay Area posting the largest gain.
Despite getting another inventory boost in August, the Bay Area's median sales price rose by more than 10 percent year over year. Pacific Union Chief Economist Selma Hepp offers a detailed analysis of the latest market conditions.
The median sales price rose year over year in August in every Northern California region in which Pacific Union operates, ranging from less than 1 percent in Marin County to more than 15 percent in Silicon Valley. Pacific Union's August Real Estate Update can help you make a more informed homebuying or selling decision.
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