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 – […]
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 […]
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 […]
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 […]
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 […]
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 […]