Real Estate Roundup: California Homebuyers Can Save the Most Money by Comparing Mortgages

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. SHOPPING AROUND FOR A MORTGAGE SAVES SAN FRANCISCO BUYERS $100,000 A recent survey from PenFed Credit Union uncovered the rather surprising fact that about two-thirds of homebuyers did not comparison shop when obtaining a mortgage, and in major California coastal cities, that could end up being a costly mistake. That’s...

Video: California September Jobs Report

This short animation offers highlights from an analysis of California’s September jobs report by Pacific Union Chief Economist Selma Hepp. To read the full analysis click here. 

California’s Unemployment Rate Falls to a New Record Low in September

California added 13,200 jobs in September, bringing the unemployment rate to 4.1 percent, a new record low since 1976 according to the latest numbers from the state Employment Development Department. With 339,600 jobs added from last September, California has created more than 3 million jobs since the economic recovery started in February 2010. California continues to outpace the nation in job gains, with a 2.0...

The Bay Area’s 10 Fastest-Appreciating Housing Markets: Q3 2018

As in our previous two quarterly analyses of Bay Area real estate markets where home prices are rising the most on an annual basis, most of the 70-plus Northern California communities in which Pacific Union operates recorded price growth in the third quarter. The exclusive San Mateo County communities of Atherton and Woodside made the list for the third straight time, while all 10 San...

Bay Area Luxury Housing Market Pulls Back While Los Angeles Holds Steady

Executive Summary: Luxury home sales took a pause in the third quarter after a strong second quarter, particularly in the Bay Area, although they were in line with seasonal trends seen in prior years. While Los Angeles luxury home sales have generally trended higher since 2016, the Bay Area saw a dip in luxury sales in 2017 followed by a 2018 rebound. Luxury buyer sentiment...

Pacific Union Quarterly Report: Q3 2018

As in the second quarter, the median home price in the third quarter of 2018 increased year over year in every Northern California region in which Pacific Union operates. Appreciation ranged from 2.1 percent for San Francisco condominiums to 20.1 percent for single-family homes in Silicon Valley. Below, Pacific Union Chief Economist Selma Hepp offers a brief synopsis of third-quarter real estate activity in each...

Video: Pacific Union Market Pulse Q3 2018 – Mid-Peninsula

This short video offers a high-level overview of home sales activity in the Mid-Peninsula in the third quarter of 2018.

Video: Pacific Union Market Pulse Q3 2018 – Sonoma County

This short video offers a high-level overview of home sales activity Sonoma County in the third quarter of 2018.

Video: Pacific Union Market Pulse Q3 2018 – Lake Tahoe/Truckee Condominium

This short video offers a high-level overview of condominium sales activity in the Lake Tahoe region in the third quarter of 2018.