Real Estate Roundup: 4 Bay Area Cities Rank Among Best for Millennials

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. GENERATION Y FLOCKING TO THESE BAY AREA COMMUNITIES The Bay Area’s top-notch job market and cosmopolitan lifestyle are a big draw for millennials, the generation … Continue reading

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

Weekly Update January

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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

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

Have Low Housing Inventories Hit Bottom?

Tight supplies of homes for sale have stymied would-be buyers in the Bay Area – and in many parts of California and the U.S. – for many long months. And the shortages have spurred bidding wars, driving up home prices … Continue reading