Archive for September 30, 2013

Bay Area Median Income Second Highest in US

The United States Census Bureau's annual American Community Survey found that the Bay Area boasts the second-largest median income in the country. It's news that can only be good for our already healthy real estate market. To read more, Clic...

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Santa Rosa’s Bennett Valley: Get a Slice of the Country Without Leaving the City

Tucked in the middle of three mountain peaks in the southeastern corner of Santa Rosa, Bennett Valley is sure to attract homebuyers and families who seek a rural atmosphere but don’t want to leave the conveniences of the city behind.  Thou...

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Real Estate Roundup: Homebuilders Keep Busy

Recent news of interest to homebuyers, home sellers, and the home-curious includes a report that construction of new single-family homes is up solidly across the country, with Western states leading the way, and that solar panels are becoming...

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California Home Prices Reach Five-Year Highs

  In August, median sales prices for homes in the state hit their highest levels since late 2007 and are up nearly 30 percent from last year. Not surprisingly, homes in the Bay Area are still much pricier than the California average, as...

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Your Age Helps Determine the Home You Buy

A recent survey found stark differences in the choices made by homebuyers depending on age. Younger buyers, for example, typically choose older homes, and the age of the property declines as age of the buyer increases. To read more, Click ...

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Looking for Home-Improvement Ideas? Consider Upgrading to a ‘Smart Home’

Many new homes today have "smart home" technologies already wired into their walls, offering a range of automated options that were unthinkable even 10 years ago. And owners of existing homes will soon be scrambling to catch up. To read more...

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Real Estate Roundup: Bay Area Home Sales See Seasonal August Slips

Recent news of interest to homebuyers, home sellers, and the home-curious includes a report that Bay Area home sales leveled off in August and prices dipped slightly. Also, a discussion on the impact of rising mortgage rates and a report on h...

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Pacific Union’s August Real Estate Update

SONOMA COUNTY As was the case in Marin, Sonoma County home prices saw an August drop after attaining yearly peaks in July. The median sales price in the county fell to $440,000, an 8 percent month-over-month slide. That said, prices in Sonoma ...

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Shortage of Lots Will Drive New-Home Prices Even Higher

Are you trying to choose between buying an existing home or a newly constructed one? Look for new-home prices to jump dramatically in the coming months, as homebuilders face a shortage of suitable lots. USA Today reported this week that a S...

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Cigarette Smoke Snuffs Out Higher Home Prices

An April survey of real estate agents in Ontario, Canada, found that long-term cigarette smoking in a home may reduce its resale value by 20 percent, on average. And smokers’ homes are much more difficult to sell. In the survey, commissio...

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