What has happened this month in the real estate industry? What happened this month that may impact your real estate decisions? Please see below the news and articles that we picked out for you this month: Plans Unveiled for Development Around Future Downtown San Jose BART Station Project Home: Neighbors Of San Francisco Shelter-In-Place […]
Median single-family home prices continued to substantially increase year-over-year with a median home price of $1.75 million in San Mateo, $1.4 million in Santa Clara, and $1.06 million in Santa Cruz, an all-time high. Year-over-year, median single-family home prices were up substantially across counties, while condo prices were mixed. Santa Cruz saw a huge year-over-year […]
Median single-family home prices continued to increase substantially year-over-year with a median home price of $1.06 million still near the all-time high seen in August. Year-over-year, median single-family home prices were up 20% in the Greater Bay Area. In this newsletter, we break down the Bay Area into four regions, as follows: North Bay: includes […]
In this issue, we dive into some key economic indicators that tend to affect long-term home prices. GDP and employment together explain much of the economic climate and typically trend with housing prices, but they do not explain the current rise in home prices. We will still go over the ins and outs of these […]
Welcome to the November Bay Area Housing Market Update! We are so excited today to share a lot of data with you about our housing market, about what happens after the election, and also we just heard that the vaccine is coming out soon, so what will happen if the vaccine comes out? We will […]
What has happened this month in the real estate industry? What happened this month that may impact your real estate decisions? We have picked 1o news and articles below to keep you updated: California Prop 19 Means Different Things to Different Homeowners Oakland Firm Ramping Up Production Of 3D Printed Homes ‘Washington has failed to […]
Median prices for single-family homes had the largest year-over-year gain of 2020 and reached another all-time high. Year-over-year, median single-family home prices were up 19% in the Greater Bay Area. In this newsletter, we break down the Bay Area into four regions, as follows: North Bay: includes Marin, Napa, Solano, and Sonoma East Bay: includes […]
The Labor Department reported that employers added 661,000 new jobs in September, which is fewer than half the jobs added in August and about a third of those added in July. This trend indicates a slowdown in hiring. If the hiring rate remains at current levels, it will take 16 months to recover the jobs […]
Welcome to the October Bay Area Housing Market Update! This month, we unpacked a ton of statistics to answer some of the most common questions regarding housing market effects caused by Mortgage Forbearance, Elections as well as the US Economy. Watch the video recording here! For this episode of Bay Area Housing Townhall, we also […]
Below are the articles and news that we have picked for you this month to keep you updated with the fast-changing market during this unprecedented time. We hope to provide you with useful information as always, and if you have any questions or real estate needs, don’t hesitate to reach out to us! San Jose […]