Pacific Union Weekly Update

Wealthy Americans Propel Vacation Home Sales to New High One in five U.S. properties sold in 2014 was a vacation home, the result of a thriving economy and strong consumer confidence. Read more at http://bit.ly/1JUFCp5 California, Bay Area Job Markets Continue … Continue reading

REAL ESTATE MARKETING DRONES SPOTTED IN CONTRA COSTA COMMUNITY

Back in December, we relayed how an Illinois real estate agent had constructed drones for the purposes of taking aerial photographs of his listings. It seems the same idea has taken wing and flown west, landing in the Contra Costa County community … Continue reading

SILICON VALLEY ECONOMY EXPLODING

The current tech boom is bringing high wages and low unemployment rates to Silicon Valley, so much so that a recent SFGate article claims that its economy has returned to heights seen in the dot-com era. Using data from Joint Venture Silicon Valley’s annual … Continue reading

Looking for a Home, Like Looking for Love, Is an Affair of the Heart

Looking for the perfect home, it turns out, is a lot like looking for love. Prospective homebuyers frequently develop “crushes” on certain properties and drive by or go online for a second or third look while technically still playing the … Continue reading

U.S. HOME PRICE GAINS BEST SINCE 2005

Home prices across the nation grew year over year for the 22nd straight month and saw the largest gains in eight years, according to CoreLogic’s December Home Price Index. “Last year, home prices rose 11 percent, the highest rate of annual … Continue reading

$2 MILLION-PLUS HOME SALES SOAR IN BAY AREA

High-end homes throughout the Bay Area sold at a record pace in 2013, according to a recent article in the San Jose Mercury News. Citing figures from research firm DataQuick, the publication reports that 2,604 homes priced above $2 million sold in … Continue reading

21 Reasons Marin County Is The Most Beautiful County

1. Sunrises. Flickr: arrighi / Creative Commons 2. The view of the Bridge from the Headlands. Flickr: opusbloo / Creative Commons 3. Except for when it gets shy. Flickr: pwinker / Creative Commons Which is also still very beautiful. 4. The Headlands in general. Flickr: l1mey / Creative … Continue reading

Pacific Union CEO Mark A. McLaughlin Named Nation’s Top Real Estate Leader

San Francisco, November 11, 2013 – Mark A. McLaughlin, CEO of Pacific Union, has been named the recipient of the 2013 RISMedia Real Estate Leadership Award. McLaughlin accepted the award at RISMedia’s annual Power Broker Dinner on November 8, held … Continue reading

Home Prices Are Rising in Palo Alto’s Popular Crescent Park Neighborhood

With handsome homes situated on large lots but still just a short stroll from happening downtown Palo Alto, quiet Crescent Park is one of the northern Santa Clara County city’s most coveted neighborhoods. Separated from neighboring Menlo Park (and San Mateo County) to the north by … Continue reading

Mortgage Rates Will Top 5 Percent in 2014, Bankers Say

Look for mortgage rates to rise above 5 percent next year and average 5.5 percent by the end of 2015, according to the latest forecast from the Mortgage Bankers Association. Those rates are low when compared with historical levels – which averaged … Continue reading