In the US, commercial and residential real estate account for a significant portion of a person’s wealth. In fact, the Federal Reserve’s recent Consumer Finances survey revealed that over 65% of all Americans own their primary residence. The following four factors are responsible for driving the housing market: Demographics – the data that describes the […]
Bay Area Housing Forecast for 2019: How the Market Is Changing
The latest forecasts for the San Francisco Bay Area suggest that home prices will continue rising throughout 2019. So for those planning to enter the market, a sense of urgency might be warranted. The good news is that Bay Area home buyers could have more properties to choose from next year, thanks to some much-needed […]
San Francisco Home-Price Forecast: One of the ‘Strongest’ Metros in 2019
In October, the California Association of REALTORS® (C.A.R.) predicted that the state’s housing market would cool down in 2019. But in a separate home-price forecast, the San Francisco metro area was ranked among the ten strongest metros in the country in terms of year-over-year appreciation. Several forecasters have now predicted that San Francisco-area home prices […]
Report: Bay Area Housing Market Inventory Grows, Going Into 2019
For the past few years, inventory has been the big story in the San Francisco Bay Area real estate market. Or rather, a lack of inventory. Tight supply and strong demand have boosted home prices, while fueling fierce competition among buyers. But that appears to be changing. A new housing industry report showed that several […]
Silicon Valley Real Estate Forecast: One of the Top 5 Markets in 2019?
A recent forecast for the Silicon Valley real estate market suggests that it could be one of the top five markets over the next year or so, in terms of home-price appreciation. San Jose, Santa Clara, and Sunnyvale were singled out in the report, which predicted above-average price growth into the summer of 2019. Big […]
Concord, Pleasant Hill and Richmond Get Big Housing Forecasts for 2019
A new round of economic forecasts suggest that three East Bay housing markets could see double-digit price gains over the next year or so. These predictions were issued by the economists and housing analysts at Zillow. Concord, Pleasant Hill, and Richmond real estate markets all received 12-month home-price forecasts of greater than 10%. Concord, Pleasant […]
Bay Area Housing Market Forecast: Prices Rising Into 2019
A recently updated forecast for the San Francisco Bay Area housing market suggests that home prices will likely continue rising for the foreseeable future, outpacing the national average. And that’s not surprising, when you look at the current supply-and-demand situation across the state. Bay Area Housing Forecast Into Spring 2019 The real estate information company […]
Buying a Home in the East Bay: A Market Update for 2018
Are you planning to buy a house in the East Bay during 2018 or 2019? If so, you probably have a lot of questions about the local real estate market, home price trends, and related factors. And we’ve got your answers! Here’s an updated look at the local real estate market for those who are […]
California Home Price Projections 2018 – 2019: Will San Jose Lead?
Recent home price projections for California’s major cities suggest that prices will continue to climb between now and the first part of 2019. The San Jose real estate market is expected to “lead the charge” with a gain of around 6% over the next year or so. And that’s not surprising when you look at […]
Will Tax Reform Affect California’s Housing Market in 2018 or Beyond?
Tax reform has been in the news a lot lately. And the sweeping tax reform package that was passed in December has California homeowners and home buyers asking a lot of questions. Common questions include: How will the new tax bill affect California real estate markets in 2018 and beyond? How might it affect home […]