March 3, 2020
Central bank lowers federal-funds rate range to 1% to 1.25% in its first between-meeting move since the financial crisis
February 21, 2020
When it comes to house-hunting, what’s the difference between men and women? A survey of 33,000 home shoppers across the country discovered the answer.
November 20, 2019
October 25, 2019
March 1, 2019
If IPOs do come to fruition and there are some newly minted millionaires, Bay Area housing markets could have another renaissance.
February 13, 2019
The pace of sales slowed in January from one year earlier in most Bay Area regions in which Compass (reflecting the company formerly known as Pacific Union) operates, except for Marin County and the East Bay. The latter region was the only one in the Bay Area that saw homes sell for premiums in the first month of 2019.
February 1, 2019
The year 2018 was an opportune one for U.S. home sellers, as profits reached a 12-year high, with owners in Bay Area cities once again leading the nation for returns. ATTOM Data Solutions’ Year-End 2018 U.S. Home Sales Report says that Americans who sold their homes last year realized an average 32.6 percent profit since the time of purchase, which translates to $61,000. That’s the highest since 2006, when sellers turned profits of 43.3 percent, or $68,000.
December 17, 2018
GOLDEN STATE HOMEBUYERS SHELL OUT SIX FIGURES ON A DOWN PAYMENT American homebuyers placed the largest down payments in nearly 15 years in the third quarter, with those in major California metropolitan areas shelling out anywhere from five to 14 times the national average. ATTOM Data Solutions’ latest U.S. Residential Property Mortgage Report puts the median down payment for single-family homes and condominiums in Q3 at $20,250, the highest since the beginning of the century.
December 6, 2018
Compass Chief Economist Selma Hepp examines how last October's wildfires have affected housing market activity...