Americans in their early 20s are already starting to buy homes despite challenging market conditions, while Facebook has reportedly leased almost 1 million square feet of office space in Sunnyvale. Get a handle on notable housing market developments in Pacific Union's weekly Real Estate Roundup.
Tag Archive: Robert Dietz
Home prices in the San Jose metropolitan area spiked by more than 25 percent in the fourth quarter of 2017, while Bay Area home shoppers are increasingly using escalation clauses to help them navigate bidding wars. Get the latest on local housing-market news in Pacific Union's weekly Real Estate Roundup.
A Bay Area suburb has been named 2017's hottest residential real estate market, while Google has plans to bring plenty more workers to Silicon Valley. Get your post-holiday housing news fix 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.
January 23, 2017 • Posted in Weekly Real Estate News Roundups
Here's a bit of timely news for potential Bay Area homebuyers who are sitting on the fence: Rising mortgage rates could cost you up to an extra $450 per month when they reach 5 percent. Get these and other headlines of note in Pacific Union's weekly Real Estate Roundup.
January 11, 2017 • Posted in Market Forecasts
Single-family home production, housing starts, and permits are all expected to rise this year, providing at least some relief to a market starved for inventory, although rising mortgage rates will likely exact a toll on affordability.
November 16, 2016 • Posted in Market Conditions
The Golden State's lack of affordable housing has been in the spotlight lately, and a third-quarter index underscores that point, with nine California cities ranking among the country's 10 least affordable markets.
May 23, 2016 • Posted in Weekly Real Estate News Roundups
Find out what three Bay Area communities offer an optimum mix of relatively affordable homes and top-quality schools. Also, San Francisco renters need to earn in excess of $200,000 per year in order to comfortably rent a two-bedroom apartment. These and more headlines of interest in our weekly Real Estate Roundup.
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