Category Archives: Economy
San Francisco’s housing slowdown could spread
Source: Wall St. Journal As many as 10,000 baby boomers retire daily. Members of this generation are increasingly looking to real estate to diversify their retirement portfolios and boost returns. San Francisco, once the hottest housing...
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How high can Southern California home prices go?
Source: Orange County Register For 62 straight months, Southern California home prices have gone in one direction. Up. Five years ago, you could snatch up a median-priced condo in Orange and Los Angeles counties for about $280,000, 76...
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Vallejo ranks first in nation’s hottest housing markets
Source: Mercury News The Vallejo-Fairfield market in Solano County is the No. 1 “hottest” in the nation. Vallejo, a city whose reputation has been tarnished through the years by news reports about crime and gangs, has...
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Talking Points
Since 2012, Bay Area home prices have increased an average of 72%, based on market research conducted by Paragon Real Estate Group. It cited dwindling affordability as a symptom of an overheating market. The median Bay Area home price hit a...
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Home price growth sizzles in May
Source: Market Watch Home prices remained hot in May, bolstering owners’ equity but locking many would-be buyers out of the market.Nationally, prices rose 6.6 percent compared to a year ago, according to a home price index released by...
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State awards $62 million to fund veteran housing
Source: NBC L.A. Approximately $62 million was awarded by the state toward veteran housing developments through the Veterans Housing and Homelessness Prevention (VHHP) program this June. The funding is the third rould of awards given to...
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