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Uptick in Bay Area Home Prices Will Slow Down

The frantic run-up in Bay Area home prices is expected to settle down in the coming months as a result of three factors seen in real estate markets nearby and nationwide: rising mortgage rates, expanding inventory, and declining investor demand.

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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 home.

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Pacific Union’s April Real Estate Update

April home prices continued to post solid gains across the Bay Area and the Tahoe/Truckee region in April, with the median price for single-family homes reaching $1 million in San Francisco for the first time in more than five years and the median price in our Sonoma Valley region jumping 65 percent over the past year.

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Tight Supply of Homes Driving Prices Higher, Holding Back Sales in Bay Area, California

Bay Area home prices continued to climb higher in March, with the median price of all sales up 33 percent from a year earlier, according to the California Association of Realtors. All nine Bay Area counties posted double-digit increases.

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Real Estate Roundup: Mortgage Rules to Loosen While Home Prices Keep Rising

Recent news of interest to homebuyers, home sellers, and the home-curious includes a promising report that tight mortgage standards will loosen in 2013. Also, government data suggests home prices will continue to rise for at least another five years, and the Federal Reserve says Americans have finally recovered the $16 trillion in wealth they lost during the recent recession.

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Big Jump in State, Bay Area Home Prices

An increased number of high-priced homes for sale and a shortage of lower-priced homes combined to drive December home prices up significantly in the Bay Area and all of California.

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2012 Analysis Points to an Even Stronger 2013

CoreLogic was the first research firm to publish a full analysis of the 2012 housing market, and it confirms the good news we’ve been reporting for months now: Home sales and prices are rising, new-home construction is back on track, and foreclosures are down dramatically.

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