Archive for February 28, 2013

California Housing Shortage Holds Back Sales

Between January 2012 and January 2013, San Francisco home sales jumped 31.1 percent, a marked departure from the statewide norm. A typical seasonal slowdown coupled with an exceptionally tight supply of available homes for sale held back Cal...

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Real Estate Roundup: 2 Million Homes No Longer Underwater; Billions in Mortgage Aid

Fewer homes are underwater as prices continue to rise. Recent news of interest to homebuyers, home sellers, and the home-curious: Rising home prices have helped lift almost 2 million homeowners out from being underwater. Also: California hom...

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Latest Forecasts See Strong U.S., Bay Area Housing Markets in 2013

Real estate activity shows no sign of slowing in the Bay Area. Two new reports paint a promising picture of real estate activity in the Bay Area and the nation in 2013. To read the full report, Click Here.  

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Planning an Open House? The Right Scent May Help You Sell Your Home

Simple aromas, such as an orange, can help sell your home. Conventional wisdom says the smell of fresh-baked cookies can make a home more appealing to buyers, but recent research says no. Simple scents are more effective. Click Here to read...

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Pacific Union’s Monthly Real Estate Update

Home sales typically slow during the winter months, but Pacific Union’s real estate markets in the Bay Area and Tahoe/Truckee have stayed busy through January (and on into February), with buyers eager to make purchase offers even as the inv...

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Busy Season for California Homebuyers Is Just Ahead — Are You Ready?

Homebuyers will be out in force soon across the Bay Area. Springtime is just around the corner, and that means a whole new crop of prospective homebuyers will soon emerge in towns and neighborhoods across the Bay Area in search of the home o...

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Real Estate Roundup: Home Prices Rise 28%; Bay Area Households Among Wealthiest

Recent news of interest to homebuyers, home sellers, and the home-curious: Bay Area home prices jumped 28.3 percent over the past year, the third-highest price increase in the nation. Also: A recent survey says 13 percent of Bay Area househol...

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Sales of $1 Million-Plus Homes Multiply Across Bay Area and California

The number of Bay Area homes selling for $1 million and higher skyrocketed last year, a clear sign of the region’s strong economy as well as its bright prospects for 2013.  Sales of homes over $1 million have gone up 39 percent since 2011....

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Real Estate Roundup: All-Cash Purchases Set Record; Refinancing Pays Off Big

  California homes priced at $1 million or more are selling at their fastest pace in years, and mortgage rates are one the rise. Catch up on the week's headlines with Pacific Union's Real Estate Roundup. To read the full report, Click ...

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Bad Neighbors Can Lower Property Values

An overgrown yard may be more than an eyesore. When you're checking out a home for sale, check out your potential new neighbors, too. Bad neighbors can lower a home’s value as much as any physical defect, according to the Appraisal Institu...

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