Entering the heart of the holiday season, the number of sales and sales prices were mixed in the single family home and condominium/loft/TIC markets. Single family home median sales prices dipped in November to $1,372,500 from October’s all time high of $1,407,500, but are still up $110,000, or 8.7%, from November, 2015. In condominium/loft/TIC sales,Read more
Americans still prefer real estate over other types of long-term investments, helping to drive home sales to the best projected level in a decade this year.
The U.S. housing market is having its best summer in a decade, with a middle-class Bay Area suburb commanding the most interest in the country for the third consecutive month.
Home sellers in two Bay Area cities are pulling in the largest gains in the nation, while Facebook is offering up another plan to help ease Silicon Valley’s critical housing crunch. Check out these stories and other headlines of note in our weekly Real Estate Roundup.
Combining elements of Gothic architecture with French, Italian, and Tudor details, the Victorian home represented an era of ornate style. Learn more about this stately and easily recognizable home style and where to see some prominent Bay Area examples.
The Bay Area’s excellent job market and high wages, pleasant climate, and natural splendor are attracting plenty of new residents from all over the globe, and here’s a new feather in our cap: San Francisco homeowners enjoy the highest quality of life in the U.S.
Although California and Bay Area unemployment rates ticked up in June from the previous month, the increase was driven by seasonal effects and new graduates entering the workforce. The state’s annual job growth remains robust, again outpacing the nationwide rate.
More than half of American workers would pay a larger mortgage or rent payment for easy access to public transportation. And Bay Area freeways should soon see some extra relief, with the SMART train set to open in the North Bay and a BART extension proposed for Silicon Valley.
First-time buyer activity was at its highest level in four years in June, helping to buoy U.S. home sales. Closer to home, residents of one Silicon Valley neighborhood are trying to preserve its unique architectural pedigree. These stories and more in our weekly Real Estate Roundup.