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Home of the Week: Vast New Entertainer’s Estate in Palisades Riviera
Surveying the ocean from the ultraprime Pacific Palisades Riviera, this 10,000-square-foot residence at 1506 Sorrento Drive is designed for expansive entertaining. Every inch of this grand yet welcoming seven-bedroom, 11-full-bath estate is exquisitely realized. Paneled and coffered ceilings, wainscoting, walls of multipaned windows, wide plank floors, and richly tiled and marbled surfaces are just some of the highlights. Four fireplaces add warmth throughout the magnificent...
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Silicon Valley Town Is Named America's Wealthiest
Atherton ranks as the highest-earning community in the U.S., with an average 2017 household income of more than $450,000. Los Altos Hills and Hillsborough also rank among the country’s five richest enclaves. California claims nearly one-quarter of America’s 100 wealthiest communities. A San Mateo County community tops the latest list of America’s 50 most affluent communities, and many Bay Area locals won’t be surprised to...
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San Francisco Ranks as the Healthiest U.S. City for the Third Straight Year
San Francisco remains the most health-conscious city in the U.S. in 2019.The City by the Bay has the country’s most walking and running trails per capita and ranks in the top five for the highest concentration of healthy restaurants.Two other California cities count among the top 10 for the healthiest residents: No 3. San Diego and No. 10 Irvine. San Francisco once again claims the...
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Real Estate Roundup: 2019 Mortgage Rates Are the Lowest in California
Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. CALIFORNIA HOMEBUYERS ENJOY THE LOWEST MORTGAGE RATES IN AMERICA Although California claimed four of the nation’s five most expensive real estate markets in the fourth quarter, homebuyers here at least have a shot at scoring the lowest average mortgage rates in the country. That’s according to an analysis by LendingTree...
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More Good News for U.S. and California Home Shoppers, as Appreciation Slows
The median price for an existing U.S. single-family home was $257,600 as of the fourth quarter, up by 4.0 percent year over year.U.S. home price growth outpaced annual appreciation in the San Francisco metropolitan area, while San Jose saw home prices fall from the fourth quarter of 2017.Despite cooling price growth, San Francisco and San Jose remain America’s most expensive housing markets. Nationwide, homebuyers had...
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Home of the Week: Airy Malibu Oceanfront Home
West Coast casual meets New York loft attitude in this sunswept beach house, set on some 60 feet of dazzling ocean frontage at 19158 Pacific Coast Highway. Within the large, private, atrium-style courtyard, stairs rise to a house-spanning rooftop deck with spectacular views of the coastline. It offers room for expansive dining and seating areas, with conversations set to the music of waves. In the...
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Housing Affordability Improves in California's Most Expensive Counties
Twenty-eight percent of California households could afford the median-priced home in the fourth quarter, down slightly from the same time in 2017. California’s four million-dollar housing markets — San Mateo, San Francisco, Marin, and Santa Clara counties — all saw affordability improve year over year. The number of households in the Los Angeles metropolitan area and Los Angeles County decreased slightly from the fourth quarter...
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Compass' January 2019 Real Estate Update
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. Click on the image accompanying each...
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Home of the Week: Golden-Age Treasure With Timeless Appeal
In the 1920s, when this stately Spanish Colonial Revival masterpiece was born, Piedmont boasted that it had more millionaires per square mile than any other city in the country. Today, the expansive, light-filled layout and beautiful scale of 227 Crocker Ave. reflect the easy grandeur of California’s Golden Age at its livable best. A curving walkway leads to a filigreed iron gate that guards the...
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