The number of Golden State residents who could afford to purchase a home declined in the most recently completed quarter, with more than 80 percent of counties less affordable than they were one year ago.
Tag Archive: mortgage rates
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.
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.
Two Bay Area cities count among the nation's 10 least stressed-out. Also: Owners who sell their homes themselves are leaving a significant amount of money on the table. Get the lowdown on these and other top stories in Pacific Union's weekly Real Estate Roundup.
Homes prices at the highest end of the market were up by double-digit percentage points in Silicon Valley, while Facebook earns yet another accolade from its employees. Check out these and other stories of interest in Pacific Union's latest Real Estate Roundup.
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.
San Jose and San Francisco homebuyers put down the largest down payments in the U.S. in the first quarter and also have more co-buyers than anywhere else in the country. Take a peek at the latest housing headlines of note in Pacific Union's Real Estate Roundup.
Having either purchased lower-end homes in need of renovations or unable to move up due to tight housing inventory conditions, millennials are leading the charge when it comes to home remodeling, though they are not the biggest spenders.
Strong year-over-year home price appreciation continued in the Bay Area in May, pushing the median sales price to $1 million. Pacific Union Chief Economist Selma Hepp offers an in-depth analysis of the latest Bay Area real estate market conditions.
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