August was another solid month for job additions in California, with employers adding 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.
Tag Archive: San Francisco
Downtown Los Angeles has seen its millennial population explode over the past few years, while The Castro and Glen Park are the most popular destinations in San Francisco.
The number of active listings in the Golden State 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.
Homes in the San Jose and San Francisco metropolitan areas flew off the market this summer, while buyers in those two cities are placing the largest down payments in America. Stay up to date with the latest in California real estate news in Pacific Union's weekly Real Estate Roundup.
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.
An Alameda County city ranks as one of the top places in America for raising a family, while home flippers in two Oakland ZIP codes netted substantial profits in the second quarter. Keep up to date with the latest housing headlines of interest in Pacific Union's latest Real Estate Roundup.
Homeowners in five Bay Area cities are doing the best in America when it comes to accruing equity, helping to propel a Silicon Valley community to near the top of a list of the country's leading real estate markets.
While millennials represent the largest group of U.S. homebuyers, they can expect the generation behind them to offer stiff competition in the market, with California a preferred destination for both age brackets.
Many homeowners in expensive U.S. markets like the Bay Area are delaying a sale in an attempt to maximize their profits, thereby reducing the number of properties on the market and perpetuating price growth.
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