Market News
December 17, 2018
Real Estate Roundup: Californians Are Still Placing the Nation’s Largest Down Payments
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
Wine Country Housing Markets: One Year After the Wildfires
Compass Chief Economist Selma Hepp examines how last October's wildfires have affected housing market activity...
December 3, 2018
Real Estate Roundup: Bay Area Claims 3 of the Nation’s 5 Wealthiest Counties
MARIN, SAN MATEO, AND SANTA CLARA COUNTY HOUSEHOLDS EARN MORE THAN $150,000 PER YEAR A recent PropertyShark analysis found that half of the nation’s 10 most expensive real estate markets are located in the Bay Area, and now another study underscores the region’s impressive wealth.
November 28, 2018
Home Remodeling: How Much Can You Save by Doing It Yourself?
Nearly half of homebuyers run into unexpected repairs within the first year of ownership, and those who are handy enough to do the work themselves can save enough money to put a dent in their mortgage balance.
November 6, 2018
Bay Area Home Prices Are Growing at More Than Twice the National Rate
Although U.S. and Bay Area home price growth moderated from the second quarter to the third quarter, appreciation in the latter region's two largest cities continued to outpace the national rate.
October 30, 2018
Bay Area Housing Markets Got Spooked in September
Bay Area housing inventory again improved on an annual basis in September, though the region saw home sales decline by 20 percent. Pacific Union Chief Economist Selma Hepp takes a look at the latest market conditions.
October 15, 2018
Real Estate Roundup: Millennials Prioritize Homeownership Over Marriage and Children
OWNING A HOME IS SECOND ONLY TO RETIRING FOR MILLENNIALS Young couple with house keys numerous obstacles to homeownership, it is still one of the biggest priorities for that generation.
October 2, 2018
Proposition 10: Possibly the Worst Approach to California’s Current Housing Crisis
Proposition 10 is a statewide ballot initiative in the November 2018 election that aims to repeal the Costa-Hawkins Housing Act. While Proposition 10 has become a polarizing issue, it is critically important to understand what it does and does not do.
September 7, 2018
The Bay Area Has the Fewest Underwater Homes in the U.S. in 2018
Homeowners in five Bay Area cities are doing the best in America when it comes to accruing equity, helping to propel a Silicon Valley community to near the top of a list of the country’s leading estate markets.