U.S. Home Sales Projected to Reach Decade High in 2016

U.S. home sales should climb in 2016 to levels we haven’t seen since the last housing boom — with millennials leading the charge — as continued economic prosperity appears to be on the horizon. In its 2016 Housing Forecast, Realtor.com projects … Continue reading

Bay Area Real Estate Ends 2015 on a Hot Note

Like in previous months, more than half of the nation’s most in-demand real estate markets are located in California as December comes to a close, with Bay Area cities claiming the top three spots. In a recurring monthly analysis, Realtor.com names … Continue reading

Bay Area Housing Markets Highly Unaffordable for Low-Down-Payment Buyers

Although nine out of 10 U.S. homes are more affordable than their historic averages for buyers using low-down-payment programs, that’s not the case here in the Bay Area, according to a recent report. In a study conducted with Down Payment … 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

Worried About Interest Rates? Just Be Glad It’s Not the 1980s

Rising interest rates are a real concern today, but a recent blog post on Freddie Mac’s website helps put the topic in perspective. The average interest rate on a 30-year, fixed-rate mortgage this week was 4.4 percent, up from 4.32 percent last week … 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

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