Real Estate News

Real Estate Roundup: Hot Bay Area Market Locking Out Many First-Time Homebuyers

Recent news of interest to homebuyers, home sellers, and the home-curious includes a trend that finds many first-time buyers unable to get a foot in the door in the Bay Area’s pricey, competitive housing market. Also, another report finds that things are getting even tougher for middle-class homebuyers in the Bay Area and California.

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Bay Area Ranks High Among US Housing-Recovery Leaders

Two Bay Area regions rank among the top five leading the U.S. housing recovery, outperforming most of the nation in decreased foreclosure activity, growing median price, fewer underwater homes, and rising employment.

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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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Bay Area’s Strong Economy, Rising Home Prices Attracting Attention

Both The Wall Street Journal and USA Today have noted recently that rising home prices in the San Francisco metropolitan area are sustainable because of its strong economic base.

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Real Estate Roundup: Strong Forecast for Home Prices; Equity Loans Stage Comeback

Recent news of interest to homebuyers, home sellers, and the home-curious includes a forecast of 10 percent growth in home prices this year and 8 percent growth next year. Also, lenders are warming up to home equity loans again, and sales of new and existing homes posted solid gains in March.

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Pacific Union Quarterly Report: Q1 2013

After record-breaking results in 2012, real estate activity in the first quarter suggests 2013 will once again reach new highs. Pacific Union’s Quarterly Real Estate Report has the facts and numbers behind the good news.

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