The appreciation recorded in the Golden State over the past few years is paying off handsomely for homeowners, though it also means that real estate markets here are among the toughest in the U.S. for first-time buyers.
Tag Archive: Silicon Valley
Home prices increased year over year in the second quarter in every Northern California region in which Pacific Union operates. Get all the latest market data you need to make an informed homebuying or selling decision in Pacific Union's Q2 2018 real estate report, which includes expert commentary from Chief Economist Selma Hepp.
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.
California homeowners gained the most equity in the country in the first quarter, while San Francisco has plans to subsidize housing for teachers. Check out the week's top headlines of interest in Pacific Union's weekly Real Estate Roundup.
Homebuyer demand remained strong in May, with properties selling faster than they did one year ago throughout most of the Bay Area. Get all the latest market data you need to know to make an informed homebuying or selling decision in Pacific Union's May 2018 Real Estate Update.
Residents of one Santa Clara County city earn median incomes that are roughly four times the California average, while Oakland is being called one of America's top spots for real estate investors. Get the latest housing stories from around California and the Bay Area in Pacific Union's weekly Real Estate Roundup.
The Bay Area's real estate market and high-performance economy are currently running at full steam and appear poised to carry that momentum over the long term.
Despite the Bay Area's exceptionally high housing costs, the region is the nation's most in-demand job market for workers who are willing to relocate, while Los Angeles is also a popular destination.
Nine in 10 U.S. metropolitan areas saw annual home price increases in the first quarter of 2018, with Silicon Valley putting up the highest appreciation in the country.
While most American homeowners and prospective buyers probably do not ponder the construction sector on a regular basis, current trends in that industry could affect their wallets in the coming months.
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