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Local Updates

What's Happening 10.12-10.14

October 11, 2018

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CALIFORNIA PROJECTED TO POST THE LARGEST HOME PRICE GAIN IN THE U.S. BY NEXT SUMMER

October 03, 2018

October 2, 2018 by • Posted in ,

  • California home prices are expected to increase by 9.1 percent by July 2019.
  • Golden State homeowners gained an average of $49,000 in home equity between the second quarter of 2017 and the second quarter of 2018.
  • The San Francisco metropolitan area has the lowest number of underwater homes in the U.S., accounting for only 0.5 percent of properties.

A palm-tree-lined street in California

Golden State homeowners once again enjoyed the largest ...


What's Happening 10.5-10.7

October 03, 2018

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SAN FRANCISCO HAS THE NATION’S TIGHTEST HOUSING SUPPLY CONDITIONS

September 26, 2018

September 26, 2018 by • Posted in ,

  • The San Francisco metropolitan area had a 2.0-month supply of homes for sale in July, the lowest of any major U.S. housing market.
  • Home prices in San Francisco rose by 11 percent year over year in July, nearly double the national rate of appreciation.
  • More than 80 percent of homes in San Francisco sold for list price or higher, the most in the country.

The San Francisco skyline as seen from Twin Peaks

 

Although inventory ...


What's Happening 9.28-9.30

September 26, 2018

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What's Happening September 14-16

September 12, 2018

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STRONG AUGUST U.S. JOBS GROWTH SUGGESTS THAT HIGHER INTEREST RATES ARE COMING

September 09, 2018

September 7, 2018 by • Posted in , , ,

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Homeowners Are Waiting To Sell

September 05, 2018

Confident of More Price Growth, Homeowners Are Waiting to Sell

September 5, 2018 by  • Posted in 

  • CoreLogic’s most recent Home Price Index rose by 6.2 percent on an annual basis in July, with year-over-year appreciation projected to slow to 5.1 percent by next summer.
  • The San Francisco metropolitan area posted an 11.0 percent annual price gain, the second highest of the 10 major regions for which CoreLogic tracks data.
  • In the Bay Area, ...

What's Happening 9.7-9.9

September 05, 2018

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What's Happening 8.31-9.1

August 29, 2018

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CALIFORNIA’S JOB MARKET PICKS UP SPEED IN JULY

August 23, 2018

California’s Job Market Picks Up Speed in July

August 20, 2018 by  • Posted in 

Straight talk banner - Pacific Union

  • Despite concerns over slowing employment growth, California added 46,700 jobs in July and revised June numbers to 21,500 new positions from an initially reported 800, according to the latest numbers from the state Employment Development Department.
  • With the summer’s pickup in job additions, California’s 2.0 percent employment growth is ...

What's Happening 8.24-8.26

August 23, 2018

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FINALLY, MORE BAY AREA HOUSING INVENTORY ARRIVES AFTER 16 MONTHS OF DECLINES

August 14, 2018

Finally, More Bay Area Housing Inventory Arrives After 16 Months of Declines

August 14, 2018 by  • Posted in 

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Executive Summary:

  • The Bay Area’s decline in home sales (including single-family and condominiums) improved in July, with only 3 percent less activity year over year after a 13 percent decline in June.
    • Compared with last summer (May through July), sales were slower in Santa Clara, Napa, Sonoma, Marin, ...

What's Happening 8.17-8.19

August 14, 2018

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What's Happening8.10-8.12

August 09, 2018

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