Archive for May 21, 2014

Two Bay Area Counties Top State’s List of Least-Affordable Housing Markets

The number of Californians who could afford to purchase a median-priced home dropped sharply on an annual basis, a new report shows. And in what will come as little surprise to anyone shopping for a home in the Bay Area, two of our local coun...

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Bay Area Luxury Home Sales Volumes: Big Gains at All Price Points

The Bay Area’s healthy employment rate is helping fuel vigorous growth in our local luxury housing market. Across Pacific Union’s combined nine Northern California regions, home sales above $1 million increased by double-digit percentage ...

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Real Estate Roundup: All-Cash Sales Reach All-Time High

Recent news of interest to homebuyers, home sellers, and the home-curious includes a report that more than 40 percent of first-quarter U.S. home sales were financed entirely in cash. Also, you won’t believe how much extra one San Francisco b...

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A Reminder to Homebuyers: Annoy Sellers at Your Peril

A bit of give-and-take between homebuyer and seller is normal, but some buyers may go too far and annoy sellers, thereby jeopardizing a purchase. Here are eight mistakes buyers should avoid. To read more, Click Here.

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Pacific Union’s April 2014 Real Estate Update

As the typically brisk spring homebuying season burst into full bloom, buyers in most of Pacific Union’s regions were moving faster to close purchases than they were the previous month. Pacific Union’s April 2014 Real Estate Update provides...

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Down Payments Declining in Changing Mortgage Scene

Average down payments are declining in 2014, a sign that lenders are serious about easing home-loan requirements. Click Here to read more.

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Luxury Buyers Looking for Chef’s Kitchen, Spacious Views

What amenities are most important to affluent buyers in the market for a luxury home? A fully equipped chef’s kitchen and spacious views of the outdoors placed highest in a recent survey. To read about the results of the survey, Click Here...

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Real Estate Roundup: Home Flippers Net Handsome Profits

Recent news of interest to homebuyers, home sellers, and the home-curious includes a report that home flippers across the country profited an average of 30 percent in the first quarter. Here in the Bay Area, Alameda is poised to end a ban on ...

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Full Year of 20 Percent-Plus Price Gains for San Francisco Area

The median price for a San Francisco metro area home increased by more than 20 percent for the 12th straight month in February, the most recent S&P/Case-Shiller Home Price Indices show. Click Here to read more.

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Bay Area Employment Rate Holds Steady in March

Unemployment rates across California and much of the Bay Area were locked in a holding pattern in March. Still, jobless claims in each of our nine counties came in below the state average, which can only be good news for our local real estate...

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