Bay Area Posts Double-Digit Percent Home Price Gains for the 13th Straight Month in July

The median sales price for a single-family home in California was $591,460 in July, down from June’s all-time high but up by nearly 8 percent year over year. The nine-county Bay Area ended July with the median sales price at $980,000, an annual increase of more than 10 percent. Diminishing affordability in job centers helped drive double-digit percent year-over-year increases in sales activity in Contra...

Video: California July Jobs Report

Check out this short animation, which offers highlights from July’s California jobs report. To read the full analysis by Pacific Union Chief Economist Selma Hepp, click here. 

California's Job Market Picks Up Speed in July

  Despite concerns over slowing employment growth, California added 46,700 jobs in July and revised June numbers to 21,500 new positions from an initially reported 800, according to the latest numbers from the state Employment Development Department. With the summer’s pickup in job additions, California’s 2.0 percent employment growth is again trending above the national rate of 1.6 percent. With the latest increase, California has...

17 Pacific Union Professionals and Teams Named Among the Bay Area's Best

Pacific Union would like to extend hearty and well-deserved congratulations to 17 of our real estate professionals and teams for being named among the Bay Area’s most productive in 2017. Now in its third edition, the Luxury Marketing Council’s 2018 Leading 100 rankings honors the top-producing Bay Area real estate professionals and teams based on 2017 sales volume. Seventeen Pacific Union professionals and teams were...

Pacific Union Launches Private View™ in Northern California

Pacific Union is pleased to share the news that we have launched Private View™ in Northern California, an exclusive Web portal that enables both buyers and sellers to privately view before they are widely marketed to the public. The first tool of its kind in the real estate industry, Private View allows buyers to view a home listing before it is sold on the MLS...

More Than One-Third of America's Fastest-Growing Luxury Housing Markets Are in California

The Golden State claims seven of the 20 U.S. counties with the fastest-rising luxury home prices. Santa Clara County is California’s fastest-appreciating high-end real estate market, with prices up by 14 percent year over year. San Mateo County is the most expensive luxury housing market in the U.S., with prices at $3.5 million. Nationwide, luxury homes are selling faster than ever this spring, with California...

Video: July Bay Area Home Sales Report

Check out this short animation that offers highlights from July’s Bay Area home sales report. To read the full analysis by Pacific Union Chief Economist Selma Hepp, click here.  

Finally, More Bay Area Housing Inventory Arrives After 16 Months of Declines

Executive Summary: The Bay Area’s decline in home sales (including single-family and condominiums) improved in July, with only 3 percent less activity year over year after a 13 percent decline in June. Compared with last summer (May through July), sales were slower in Santa Clara, Napa, Sonoma, Marin, and San Mateo counties. Sales activity declined by 19 percent in Marin County and by 13 percent...

Real Estate Roundup: Most Buyers Prioritize Pets When Home Shopping

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. THREE-QUARTERS OF BUYERS WOULD FORGO DREAM HOME IF IT DOESN’T FIT FIDO’S NEEDS A recent report found that homebuyers are willing to make significant sacrifices to obtain access to top-performing school, and now another survey shows that they are willing to do the same to accommodate their four-legged family members....