• Real Estate Roundup: Bay Area Home Price Growth Hits Historic Run

    5 February, 2018

    Real Estate Roundup: Bay Area Home Price Growth Hits Historic Run

    Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. BAY AREA HOUSING MARKET APPRECIATION ON A NEARLY SIX-YEAR RUN Double-digit percent home price growth persisted across the Bay Area in the final month of 2017, matching the appreciation streak seen leading up to the last housing boom. Citing CoreLogic data, The Mercury News reports that the median sale...

  • Pacific Union’s Dana Green Named Lafayette’s 2018 Business Person of the Year

    5 February, 2018

    Pacific Union’s Dana Green Named Lafayette’s 2018 Business Person of the Year

    Pacific Union real estate professional Dana Green (center) and her sisters Jill Montiquila (left) and Wendy McClain (right). Pacific Union is proud to share the news that Contra Costa County real estate professional Dana Green has been named Lafayette’s 2018 Business Person of the Year. The Lafayette Chamber of Commerce honored Green at a reception on Friday, Feb. 2 at the Lafayette Pa...

  • California Is Home to the Largest Share of Millennials, and They Are Active Homebuyers

    2 February, 2018

    California Is Home to the Largest Share of Millennials, and They Are Active Homebuyers

    A recent report by The Brookings Institution took a deep look at the millennial generation (defined as those ages 25 to 34). Millennials are important because they are currently the largest generation since baby boomers. Millennials make up about 25 percent of the U.S. population, 30 percent of the voting population, and 40 percent of the working-age population, and they are increasingly m...

  • Video: Millennials and The California Housing Market

    2 February, 2018

    Video: Millennials and The California Housing Market

    Check out this short animation on millennials and the California housing market. To read the full analysis by Pacific Union Chief Economist Selma Hepp, click here.

  • Bay Area Companies Dominate List of 2018’s Best Tech Workplaces

    1 February, 2018

    Bay Area Companies Dominate List of 2018’s Best Tech Workplaces

    Nearly 75 percent of the best tech companies to work for in 2018 are headquartered in the Bay Area. San Francisco-based Salesforce.com tops the list after also ranking No. 1 on a list of 2017’s best overall workplaces. Adobe, Facebook, and Google also rank in the top five for best tech work environments. Bay Area tech heavyweights not only create innovative products that change the w...

  • U.S., California, and Bay Area Home Prices Again Reach New Peaks

    31 January, 2018

    U.S., California, and Bay Area Home Prices Again Reach New Peaks

    U.S. home prices increased for the 67th straight month on an annual basis in November. California home prices rose to $527,000, a year-over-gain of 9.32 percent. San Jose is the most expensive major housing market in the nation, with a median sales price of $1,073,000. It is also the country’s fastest appreciating market, with prices up by 19 percent from November 2016. Home price ap...

  • The Average U.S. Credit Score Keeps Climbing — Along With Debt

    30 January, 2018

    The Average U.S. Credit Score Keeps Climbing — Along With Debt

    The average American had a VantageScore of 675 in 2017, the highest in five years. Total U.S. credit-card debt reached $1.021 trillion in June, an all-time high. Though San Francisco residents have among the most credit cards in the country, they also have the lowest average late payments in the U.S. Having excellent credit is a key factor in obtaining a mortgage, so it comes as welcome ne...

  • Real Estate Roundup: San Francisco Begins 2018 as the Hottest U.S. Housing Market

    29 January, 2018

    Real Estate Roundup: San Francisco Begins 2018 as the Hottest U.S. Housing Market

    Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. THREE BAY AREA REAL ESTATE MARKETS ARE STILL THE NATION’S MOST IN-DEMAND Demand for Bay Area real estate remains intense as 2018 begins, with three local markets once again ranked as the country’s hottest. That’s according to realtor.com’s latest monthly list of the 20 hottest...

  • Will Increased Savings Drive Millennial Homebuyer Activity in 2018?

    26 January, 2018

    Will Increased Savings Drive Millennial Homebuyer Activity in 2018?

    The National Association of Realtors believes that first-time homebuyers may be more active in 2018, thanks to a thriving economy and growing wages. Nearly half of millennials report having at least $15,000 in the bank, while just one-third had saved that much in 2015. Nearly 60 percent of millennials have a savings plans, compared with about 40 percent of Gen Xers. A new report forecast...