Bay Area Real Estate Market Update April 2019

Bay Area Real Estate Market Update April 2019

Home prices in Napa were up 6.1% over this time last year & homes on the market sold 13 Days Faster. Buyers take note, there were almost 30% more homes on the market this April as compared to April 2018. See the stats for the rest of the Bay Area in this market update.

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7 Reasons to Own a Home

7 Reasons to Own a Home

Are you currently renting? According to CNBC rents are rising at the fastest pace in almost 2 years. With Napa’s relative affordability, as compared with the rest of the Bay Area, & the recent increase in inventory these 7 reasons to own a home may motivate you to start your home search today. If you do decide to start your search I have curated a collection of homes for sale in Napa. To learn more read on & reach out with any questions about the Napa real estate market!

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Napa April Market Update

Napa April Market Update

As compared to the first 3 quarters of 2018, the market in Napa County has clearly softened: This is a common dynamic around the Bay Area. Changes in the balance between supply and demand in Napa have actually been of lesser magnitude than in a number of other local counties, though still significant. Buyers are still purchasing homes they deem are priced fairly, and we have just recently entered the prime, spring selling season.

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The New Year Should Bring New Opportunities for Bay Area Home Buyers

The New Year Should Bring New Opportunities for Bay Area Home Buyers

Bay Area home sales were up by 1 percent year over year in 2018, while the median price rose by 12 percent. Compass Chief Economist Selma Hepp weighs in on December and overall 2018 market activity.

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State of the U.S. Housing Market August 2018

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.

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You had better move fast if you want to buy a home in these spots

You had better move fast if you want to buy a home in these spots

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.

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Are Bay Area Housing Markets Getting the Jitters? June’s Median Price Growth Does Not Suggest So.

The Bay Area’s median home price rose by 16 percent from June 2017, ranging from 9 percent growth in San Francisco to a 23 percent gain in Santa Clara County. Continue reading for more stats.

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