Archive for August 28, 2013

Investors Find Plenty to Like With Real Estate

California real estate remains an attractive option for investors, who report a 14 percent median rate of return on their investments. A recent survey by the California Association of Realtors found that two-thirds of investors who worked wi...

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Real Estate Roundup: US Home Prices Approach All-Time Peak

Recent news of interest to homebuyers, home sellers, and the home-curious includes data that indicates U.S. home prices are only 7 percent shy of their record highs, set in 2006. In addition, despite California's robust real estate market, on...

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Meet the 10 Bay Area Cities With the Hottest Home-Price Gains

Median home prices in the entire nine-county Bay Area experienced solid year-over-year increases in July, up 24.2 percent from the same month in 2012. All six counties within Pacific Union’s Bay Area region also saw double-digit price spike...

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Pacific Union Named One of Fastest-Growing US Companies

We're excited to announce that Pacific Union has been included in this year's Inc. 5000 list, which ranks the fastest-growing companies in the country based on revenue growth. We are the only full-service real estate brokerage in the Bay Area...

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As Real Estate Markets Evolve, Buying a Home Takes Longer

Buyers today typically mull over thoughts of homeownership for nearly six months before reaching out to a real estate professional for advice. That's nearly twice as long as one year ago, as buyers react cautiously to today's real estate envi...

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Real Estate Roundup: Bay Area Sales Volume Reaches Seven-Year High

Recent news of interest to homebuyers, home sellers, and the home-curious includes a report that more Bay Area homes were sold in July than at any point since 2006. In addition, California markets no longer lead the U.S. in home inventory-lev...

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Homes Less Affordable Across California but Still a Bargain Compared With 2007

A recent home-affordability report shows that prices continue to rise beyond the reach of most Californians, but houses are still a bargain when compared to six years ago, when only 11 percent of the state's residents could afford to buy a ho...

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Pacific Union’s July Real Estate Update

Though median prices in many of our Bay Area markets experienced a slight midsummer cooling from June to July, homes are still in high demand, as low inventory levels and above-list sales prices attest. SONOMA COUNTY The Sonoma County mar...

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Real Estate Roundup: Home Prices Show Largest Yearly Increases Since 2005

Median home prices rose 12.2% in major metropolitan areas, the largest increase since 2005.  Mortgage delinquency rates declined in the 2nd quarter, marking the 3rd quarter in a row with improvement.   Home values are expected to spike 7% ...

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The Bay Area’s Hottest Real Estate Markets

Over the past year, Bay Area homes have become an extremely valuable commodity, as buyers grapple not only with rising prices but also slim supply. For the period ending July 2013, the average months’ supply of inventory (MSI) for single-fa...

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