Category Archives: Economy
Experts: Spring home-buying season starts off with a bang
But first-time buyers face headwinds from high prices Source: Housingwiring The spring home-buying season is in full swing and it started off with a bang. Home prices increased in February to a new high for the fourth consecutive...
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Bay Area residents contemplating Sacramento exodus
Source: SF Curbed San Francisco’s 2017 doom and gloom train continues with yet another site releasing a study this week showing that locals in California, particularly in the Bay Area, have developed a wandering eye for homes...
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Bidding $100,000 extra: buying a Southern California home is ‘insane’
Source: Los Angeles Times Jobs and wages are on the rise. Buyers are newly urgent, fearful an era of cheap money is ending. And to top it off, there simply aren’t enough homes listed for sale. As a result, bidding wars are common and prices...
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Affordable housing bills hit California Legislature, but will they pass?
Source: KPCC Radio Especially in today's tight seller's market, homebuyers are looking for any way to get a leg up on the competition when putting in an offer on their desired home. California legislators will consider a towering...
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Renters Now Rule Half of U.S. Cities
Source: National Real Estate Investor Fifty-two of the 100 largest U.S. cities were majority renter in 2015, according to U.S. Census Bureau data. Since 2009, 21 cities had shifted to renter-rule. Renters now dominate in both hot housing...
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Hispanic Homeownership Rate Rises for Second Straight Year
Source: RIS Media Hispanics are an overriding force in homeownership, flouting national figures as they establish owner households at a rising rate for the second straight year. According to the National Association of...
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