Pacific Union's Chief Economist summarizes the key points from the housing conference where chief economists participated. Among the key points include the prediction that the home price drop seen in 2008 will not repeat since today’s conditions are very different - no subprime lending, speculation or overbuilding like we saw last time. Read the rest of the key points here.
Burlingame tops the list with homes in San Mateo County selling in an average of 13 days in the second quarter. Over the past three years, Burlingame homes have never stayed on the market longer than 24 days. Check out all of the Bay Area's fastest-paced housing markets on the Pacific Union Blog.