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: Exodus? Some investors may be leaving the Bay Area, but startups are staying put Mid-City Man Tries To Evict […]
The median single-family home price fell slightly in January 2021; however, year-over-year, single-family homes prices in the Bay Area increased considerably, up 20%. As you can see in the graph below, median condo prices by region were fairly flat over the course of 2020, without large price gains or losses. January 2021 showed a continuation […]
The median single-family home price declined and condo prices rose month-over-month. Year-over-year, single-family home prices rose considerably, while condo prices showed price stability. Median single-family home prices were mixed across Silicon Valley counties. Prices have remained quite stable over the last 12 months. Year-over-year, all counties saw substantial gains, up 13% in San Mateo, 15% […]
Important trends to discuss this month are the connection between housing affordability and housing demand in California and the effects of rising mortgage rates. The chart on the next page compares the indices of three metrics—home price in California, the average 30-year mortgage rate in the United States, and per capita income in California—against housing […]
Thank you for reading the March U.S. Housing Market Update! We will bring to you the latest stats for US Housing & Economic Markets, Mortgage and Residential Loans, and Commercial Real Estate Market Updates. See the video recording on our YouTube Channel! If you want to learn more about the Bay Area Housing Market, check […]
Welcome to the Bay Area Housing Market Update from the 18th Bay Area Housing Market Townhall Webinar! Let’s take a look at what has happened in the past 30 days in the Bay Area Housing Market. Watch the video recording here. We always compare last month’s and this month’s Santa Clara County housing stats. As […]
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: Millennials Are Changing the Luxury Real Estate Market Can Factory-Built Homes Help Solve The Housing Crisis? How Tech Companies […]
The median single-family home price rose, and condo prices fell slightly month-over-month. Year-over-year, single-family home prices rose considerably while condo prices showed price stability. Across counties, Silicon Valley single-family home prices rose throughout 2020. The three counties closed out 2020 up 15% in San Mateo, 12% in Santa Clara, and 20% in Santa Cruz. As […]
The median single-family home price fell slightly in December 2020 from its all-time high in November; however, year-over-year, single-family homes prices in the Bay Area increased considerably, up 16%. As you can see in the graph below, median condo prices by region were fairly flat over the course of 2020, without large price gains or […]
This month, we are taking a step back from discussing short-term trends so that we can dive into secular trends (trends that are neither seasonal nor cyclical) to help us understand the current housing environment. We use three metrics in the chart below—the ratio of single-family home starts (new construction)/single-family homes sold, Months of Supply […]