More Americans than ever think that now is the right to time to sell a home, while California has officially mandated that all new homes built in the state will have solar-power features. Take a look at the latest housing headlines in Pacific Union's weekly Real Estate Roundup.
Tag Archive: The Mercury News
Demand for real estate in Silicon Valley showed no signs of abating in the first quarter, with the San Jose metropolitan area putting up the highest home price appreciation in the U.S. and sellers netting profits of more than 100 percent.
Over the past decade, expensive coastal metropolitan areas with thriving economies and limited housing stock have attracted younger, more educated, and higher-paid Americans, pushing other residents out and keeping home prices elevated.
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.
San Francisco real estate was still the country's most sought after in February, while Bay Area prices have been rising for almost six years straight. Check out the latest local news of note in Pacific Union's weekly Real Estate Roundup.
Living in the Bay Area -- and especially buying a home -- is an expensive proposition, so it makes sense that residents here work harder at their jobs than employees anywhere else in the country.
Explosive job growth in the Bay Area is still far outpacing the number of new housing units, while mortgage rates have reached the highest level in nearly four years. Get a handle on the latest housing-market headlines in Pacific Union's weekly Real Estate Roundup.
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.
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.
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