Courtesy Pacific Union Blog:
The San Francisco metro area ranked 13th among the nation's top 50 metro markets in terms of stable housing conditions, while San Jose placed 10th. Conditions in the Bay Area and California are improving and moving steadily toward a more stable market. Get the details at http://bit.ly/1jFuLEA. Call FRITZ for more information about the market in your area and for all your real estate needs.
Showing posts with label market conditions. Show all posts
Showing posts with label market conditions. Show all posts
Sunday, April 27, 2014
Thursday, March 7, 2013
Bay Area Real Estate Market Enjoys Intense Pace in 2013
The table represents market conditions that are
enjoying an intense pace. The percentage of new listings and closings in the
first 6 weeks of 2013 is unprecedented. Here are the numbers:
If you are ready to buy a home, sell a home, or want more information about the market, now is the time to call me for all your real estate needs.
Sunday, October 21, 2012
Home Affordability at 50%
Courtesy of Interest.com, October 17, 2012:
A median-income household can only afford a median-priced home in 14 of the nation’s 25 largest metropolitan areas. Atlanta, Detroit and Minneapolis-St. Paul are the most affordable cities, according to Interest.com’s first Home Affordability Study. San Diego, New York and San Francisco are the least affordable.
With home prices down an average of 30% from their peak in 2006, and mortgage rates at record lows, there’s a lot of talk about how homes are more affordable now than they’ve been in decades.
In some places, that's true. But in many cities, it’s not. Read more . . .
A median-income household can only afford a median-priced home in 14 of the nation’s 25 largest metropolitan areas. Atlanta, Detroit and Minneapolis-St. Paul are the most affordable cities, according to Interest.com’s first Home Affordability Study. San Diego, New York and San Francisco are the least affordable.
With home prices down an average of 30% from their peak in 2006, and mortgage rates at record lows, there’s a lot of talk about how homes are more affordable now than they’ve been in decades.
In some places, that's true. But in many cities, it’s not. Read more . . .
Friday, September 16, 2011
East Bay Housing Market Update
Excerpt from the Pacific Union Bay Area Real Estate Blog . . .
The percent of homes in contract in the East Bay rose by 2% from July 2011 to August 2011. For the two years, this percentage has fluctuated from a low point of 16% up to 30%.
With over 35% in contract indicating a sellers’ market, 25-35% a balanced market, and under 25% a buyers’ market, in the past 6 months, we have seen the market sway on the edge of a buyers’ market.
If you are currently looking to buy or sell a home in the East Bay/Alameda County call FRITZ for all your real estate needs. Click on the chart below for all the up-to-date information on the Bay Area real estate market.
The percent of homes in contract in the East Bay rose by 2% from July 2011 to August 2011. For the two years, this percentage has fluctuated from a low point of 16% up to 30%.
With over 35% in contract indicating a sellers’ market, 25-35% a balanced market, and under 25% a buyers’ market, in the past 6 months, we have seen the market sway on the edge of a buyers’ market.
If you are currently looking to buy or sell a home in the East Bay/Alameda County call FRITZ for all your real estate needs. Click on the chart below for all the up-to-date information on the Bay Area real estate market.
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