Less than one in three Californians could afford to purchase a home in the fourth quarter, with affordability conditions declining in every Bay Area county from one year earlier.
Tag Archive: Santa Clara County
Bay Area home sales and inventory dropped year over year in January, while prices rose by double-digit percentage points. Get an in-depth analysis of the latest market conditions from Pacific Union Chief Economist Selma Hepp.
Bay Area home prices rose for the 69th straight month in December, while rents mostly held steady or dropped. Check out the week's most notable housing headlines in Pacific Union's Real Estate Roundup.
The supply of homes for sale declined on a both a monthly and yearly basis in California and the Bay Area in December, pushing prices up by double-digit percentage points in seven of nine local counties.
The Golden State's job market ended 2017 on a strong note, with the unemployment rate dropping to the lowest level on record. Pacific Union Chief Economist Selma Hepp takes a look at the latest employment numbers and trends in the Bay Area and Los Angeles.
Although some home shoppers took the holidays off, others were out in force, with homes selling in as few as seven days in one East Bay city. Check out the Bay Area's 10 fastest-moving housing markets in December.
Although demand for luxury homes slowed a bit nationwide last year, California markets remained hot, despite some of the highest prices in the country at that segment.
For the second time in 2017, Bay Area home prices reached a new all-time high in November, while Napa begins 2018 ranked as one of the best U.S. cities for staying fit. Kick of the new year with the latest housing headlines of interest in Pacific Union's Real Estate Roundup.
The Bay Area's high-octane economy continues to fuel intense demand for housing, as San Jose posts the highest rate of appreciation of any major U.S. city and prices climb to a new high.
Following our two live November events, Pacific Union has produced six exclusive regional real estate and economic forecasts to 2020 for the Bay Area and Los Angeles County in partnership with John Burns Real Estate Consulting.
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