Why Real Estate Prices Everywhere Are Increasing

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In 2017, I sat in on a discussion of housing trends. One of the key takeaways at the presentation was the fact that as a country, we’ve been under-building since the Great Recession. Now, it’s coming home to roost.  2017 Wisdom  I’m going to share regional and national trends directly from that discussion. Remember — this is information from 2017.  Regional Trends The homeownership rate in San Francisco was 57.3%, 47% in Santa Clara/Sunnyvale, and 31% in New York. The

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Home Buying Rebounds Like Nobody’s Business

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The real estate market across the US woke up, and it appears we are trying to make for lost time. According to the Mortgage Bankers Association, purchase volume last week was 1.5% lower than it was a year ago — a huge recovery from six weeks ago, when purchase volume was down a jaw-dropping 35%. In Like a Lamb, Out Like a Lion Spring is traditionally the time of year with the highest listings and home appreciation time, and now

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San Francisco Home Prices & Demographics – Numbers to Know

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The November Case-Shiller Home Price Index for the San Francisco Metro Area was recently released, and we’re sharing some highlights. We’re including a look at the ancestry/county of origin/ethnicity in nine Bay Area counties. Pop quiz before you dive in! Any guesses about the top three nationalities among Bay Area residents? Short-Term Home Price Fluctuations Here, we see short-term changes in home prices by price tier. While lower-priced tiers appreciated faster than high-price their homes since the spring of 2016,

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