Real Estate Roundup: Prefab Homes Help to Speed Wine Country Wildfire Recovery

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. MANY SONOMA COUNTY WILDFIRE VICTIMS REBUILDING WITH MANUFACTURED HOMES Although it may take Wine Country housing markets years to replace all the homes lost during October’s devastating wildfires, some residents are expediting the rebuilding process with prefabricated homes. The New York Times reports on the trend, having interviewed several Sonoma...

Fairs, Festivals, and More: The Best Bay Area and Lake Tahoe Spring Events

San Francisco’s Carnaval will be held in the Mission District in late May. We don’t know about you, but we always look forward to spring in the Bay Area, which officially begins next week. The whole region comes alive with a variety of festivals, fairs, and events. Below, we’ve compiled a selection of exciting events from each of our Northern California regions, including Lake Tahoe....

San Francisco Is the No. 1 U.S. Housing Market for Millionaire Buyers

Households that earn $1 million-plus per year bought more homes in the San Francisco metropolitan area than anywhere else in America in 2016, accounting for nearly 2 percent of transactions. San Rafael ranks as the third most-popular U.S. housing market for millionaires, who purchased 1.34 percent of homes in the region. Other top housing markets for $1 million-plus earners include Los Angeles, Anaheim, Salinas, San...

East Bay City Again Claims America’s Happiest Residents in 2018

Eight of the top 20 U.S. cities where residents are happiest are in California. For the second year in a row, Alameda County’s Fremont is home to the happiest people in the nation. San Jose ranks as the third most content city in America. California cities account for nearly half of the nation’s happiest 20 places to call home, with an Alameda County community taking...

Pacific Union’s February 2018 Real Estate Update

February’s median sales price rose by double-digit percentage points year over year in five of Pacific Union’s Bay Area regions, with appreciation topping 30 percent for single-family homes in San Francisco and Silicon Valley. Click on the image accompanying each of our regions below for an expanded look at local real estate activity in February. For a more detailed examination of current Bay Area housing...

Video: February Bay Area Home Sales Report

Check out this short animation on Bay Area February home sales activity. To read the full analysis by Pacific Union Chief Economist Selma Hepp, click here.  

Bay Area Luxury Home Sales Doubled in February

Executive Summary: Sales of Bay Area homes priced above $3 million doubled in February, with most local regions posting large gains. Sales of homes priced higher than $1 million also continued to grow. Regionally, East Bay sales slowed, while Silicon Valley and the Wine Country saw more sales this February. The Bay Area median price jumped another 16 percent year over year, though high-end sales...

Video: California’s January Jobs Report

Check out this short animation on California’s January employment report. To read the full analysis by Pacific Union Chief Economist Selma Hepp, click here.

California Added Jobs at The Fastest Rate in 2017

Job reports for both California and the U.S. show strong growth so far in 2018. According to data from the U.S. Bureau of Labor Statistics, America added 313,000 jobs in February, the strongest monthly gain since July 2016. Over the last three months, there were an average of 242,000 jobs added per month, and the annual total reached 2.281 million in February. Some experts warn...