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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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

$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

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

Pacific Union/Christies Fall/Winter 2011 Magazine

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Marin Market Weekly Update 01.21.2011

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Enthusiasm in Marin Market

The first two weeks of January we are noticing unprecedented enthusiasm in the market as buyers are sensing that we are at the bottom. There is a notable lack of  seller inventory and a  pent up demand for buyers  who … Continue reading

Marin Market Weekly Update 1.14.2011

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Bay Area Prices Down An Average of 44% From 2007 to 2009

Thought that you would like a quick visual on the state of the Bay Area housing market. The average price decline for the Six County Bay Area for the period 2007 to 2009 was -44%, arguably the peak of the … Continue reading