New-Home Sales Point to Energized Construction Industry
Here is some welcome news for Bay Area homebuyers: Sales of new single-family homes in the West jumped 20.5 percent from October to November — evidence of a newly energized construction industry that has been playing catch-up for several years … Continue reading
Golden State Real Estate Markets Stay Sizzling in June
Demand for homes in California showed no sign of cooling as summer officially began, with three Bay Area cities named among the nation’s five most booming real estate markets. In a new report, Realtor.com ranks the hottest U.S. real estate markets … Continue reading
Homebuyers Are Happy, Led by Millennials
Recent homebuyers are overwhelmingly happy with their purchases, according to a recent survey, but the reasons why depend on the age of the buyer. Most younger buyers consider their homes strong investments, while older buyers view their new homes as … Continue reading
California, Bay Area Economic Recovery Still Going Strong
As we reported earlier this week, Freddie Mac recently issued a sunny 2014 forecast for the U.S. housing market but noted that job growth will play a key role in the ongoing recovery. California’s February unemployment report bolsters Freddie Mac’s optimistic outlook here in … Continue reading
Home Prices in Three Bay Area Counties Near the Million-Dollar Mark
If home prices in certain parts of the Bay Area continue their steady rise, even more buyers will find themselves staring at seven-figure price tags in the near future. Strong appreciation over the past year has pushed the median single-family … 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
