Over the past decade and a half, more than 20 U.S. states have not built enough homes to meet demand, leading to rising prices and decreased affordability, with California accounting for nearly half of the undersupply.
Tag Archive: Selma Hepp
Inventory was down on an annual basis across most of the Bay Area, pushing home prices up yet again. Get the latest market data and expert commentary from Pacific Union Chief Economist Selma Hepp in our first-quarter real estate report.
Homebuyer competition in the Bay Area remains as intense as ever this spring. Pacific Union Chief Economist Selma Hepp offers a detailed analysis of local housing market conditions in March.
The Bay Area's high-performance economy has been driving demand for housing for the past five years, and the region's job market appears stronger than ever in 2018.
Although March's U.S. jobs report is somewhat of a disappointment, overall employment growth was strong in the first quarter. Pacific Union Chief Economist Selma Hepp examines the latest labor market trends.
If you're planning to shop for a home in the Bay Area this spring, you would do well to have more than $200,000 in the bank for a down payment.
The Golden State's unemployment rate once again dropped to an all-time low in February. Pacific Union Chief Economist Selma Hepp offers her expert perspective on the just-released numbers.
Millennials remain the most active U.S. homebuyers, though tight inventory conditions, strong price growth, student debt, and higher costs of living remain challenges to ownership for that generation.
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