San Jose and San Francisco once again had the most equity-rich homeowners in the U.S. in the third quarter. In other news, lenders think more first-time homebuyers will enter the market next year with the help of low-down-payment mortgages. Get these and other hot housing headlines in Pacific Union's weekly Real Estate Roundup.
Pacific Union is honored to announce that CEO Mark A. McLaughlin has been named one of the most-admired company leaders in the Bay Area.
Pacific Union Chief Economist Selma Hepp offers a wrap-up of key points discussed at our exclusive Bay Area Real Estate and Economic Forecast to 2020, which was held on Nov. 15 in San Francisco.
Although current housing market conditions may be reminiscent of the period leading up to the Great Recession, an excellent job market and stricter lending standards should prevent another bubble from forming.
Freddie Mac crunched the numbers and concluded "there currently is no house price bubble in the U.S." And yes, that includes the Bay Area.
Oakland, San Jose, and San Francisco workers saw some of the largest income gains last year. And San Francisco no longer ranks as the country's least-affordable housing market. Peruse the latest housing market headlines in Pacific Union's weekly Real Estate Roundup.
Pacific Union Chief Economist Selma Hepp examines the brokerage's growth in Contra Costa County following its acquisition of Danville-based Empire Realty Associates.
The median sales price rose year over year in October in all Bay Area regions in which Pacific Union operates, the result of continued buyer demand amid tight supply conditions. Stay current with the latest local real estate market conditions in Pacific Union's October Real Estate Update.
The proposed tax reforms are a serious concern for the Bay Area homebuyers and the future of the housing market. Pacific Union Chief Economist Selma Hepp offers her expert perspective on the potential impacts of the changes.
Strong homebuyer demand and insufficient inventory once again drove appreciation in more than 90 percent of U.S. markets in the third quarter, with prices in the San Jose metro area growing at more than three times the national rate.