PacUnion May Market Analysis 2018: Bay Area

  The Bay Area’s Median Home Price Climbs to $1 Million in May Strong year-over-year home price appreciation continued in the Bay Area in May, pushing the median sales price to $1 million. Pacific Union Chief Economist Selma Hepp offers an in-depth analysis of the latest Bay Area real estate market conditions. Read full article #bethanywpatten …

Real Estate Roundup: California Posts the Nation’s Largest First-Quarter Home-Equity Gain

    Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. Bay Area homeowners are doing particularly well when it comes to accruing home equity. Read the full article @bethanywpatten   That’s according to CoreLogic’s latest Homeowner Equity Insights report, which says that the average California homeowner gained $51,000 in …

Pacific Union’s May 2018 Real Estate Update

Homebuyer demand remained strong in May, with properties selling faster than they did one year ago in every Northern California region in which Pacific Union operates except for Sonoma Valley. Homes sold in less than three weeks in the East Bay, Contra Costa County, Silicon Valley, and the Mid-Peninsula. Click on the image accompanying each …

Breaking News: SF developer wants to build first co-working and co-living tower

Breaking News: SF developer wants to build first co-working and co-living tower Developer Realtex wants to bring a new type of hybrid to San Francisco: a mash-up of co-living and co-working. The developer is honing a proposal for a 13-story high rise building on the northeastern corner of 4th and Bryant streets that would blend …

Economists: Latest jobs numbers good for economy, not for housing

Economists: Latest jobs numbers good for economy, not so much for housing industry Jobs increased by 223,000 in May, affordability and home building still need help. As jobs increased in May, the unemployment rate dropped by 0.5 percentage point, falling to 3.8%, according to the latest Employment Situation Summary report from the U.S. Bureau of …