Market News
November 10, 2017
First-Time and Bay Area Homebuyers Have Much to Lose From Proposed Tax Changes
Executive Summary: Proposed tax changes that impact individual ownership of real estate include: Eliminating deductions for state and…
November 6, 2017
U.S. Median Home Price Again Hits New High
• The median sales price for a U.S. home rose to $248,000 in the third quarter, another record high. • San Jose and San Francisco home…
October 27, 2017
San Francisco Again Named America’s Greenest City
• For the second straight year, San Francisco ranks as the most environmentally friendly U.S. city. • Seven of America’s top 10 green…
October 17, 2017
Rising From the Ashes: How Will the Wine Country Wildfires Affect Its Housing Markets?
Executive Summary: The Wine Country wildfires are estimated to have destroyed about 2,800 homes so far, or about 5 percent of Santa Rosa’s…
October 9, 2017
September U.S. Jobs Report Offers Continued Optimism Despite Conflicting Numbers
While U.S. employment numbers fell for the first time in seven years, the decline was anticipated due to the notable impacts of Hurricanes…
September 29, 2017
Kitchen Renovations Offer Homeowners the Largest Returns
• Nationwide, a complete kitchen renovation nets a return on investment of 62 percent when a home is sold. • In the San Francisco and…
September 27, 2017
The Bay Area’s Economy Grew at the Strongest Rate in the Nation in 2016
At 5.2 percent, the Bay Area’s¹ gross domestic product (GDP) grew at the fastest rate in the nation and among California metropolitan areas…
September 19, 2017
August Was a Mixed Month for Job Creation in California
Following incredible job growth in July, which was revised upward to 84,500 positions, the August data release from the California Employment…
August 24, 2017
Annual Home Price Growth Recorded in 9 of 10 U.S. Metro Areas
• Nationwide, the median single-family home price grew by 6.2 percent year over year in the second quarter to reach a new peak of more than…