Category Archives: Economy
These large metros are seeing the fastest growth
Source: CNBC The San Jose metro economy is among the largest growing economies, according to the Bureau of Economic Analysis. San Jose’s 8.9 percent growth led the 292 metro areas that saw their local economies grow last year. San Francisco,...
Read More ›
Renters still not ready to buy a home
Source: Housing Wire Renters are losing confidence in housing as less say it’s a good time to buy a home, according to the National Association of REALTORS® Housing Opportunities and Market Experience survey. Part of this is due to a...
Read More ›
Techies priced out of Palo Alto
Source: Bloomberg Runaway real estate costs in Silicon Valley have long since priced out most middle-class homebuyers, and now even high earners are becoming unable to afford Palo Alto, the suburb at the heart of the technology-rich region....
Read More ›
The 25 most expensive housing markets in the U.S.
Source: Business Insider The most expensive housing markets in America are primarily packed into one state: California. According to Coldwell Banker’s annual Home Listing Report, which ranks the most expensive places to purchase homes in...
Read More ›
First-time homebuyers come out in force but face new challenges
Source: Realtor.com With a short supply of housing that has characterized the real estate market for the past four years, buyers say finding a home that meets their needs is the biggest challenge they face in purchasing a home. But recently,...
Read More ›
Sales of million dollar homes swoon
Source: CNBC Sales of homes priced above $1 million fell 4 percent in July from a year ago, according to the National Association of REALTORS®. Activity is far more robust at the entry level and middle of the market, thanks to a drop in mortgage...
Read More ›
