Over the past month, Fed Chairman Ben Bernanke has hinted that the Fed’s aggressive bond-buying program, which has kept rates artificially low, could end sooner rather than later. This week he left no doubt when he announced that the Fed will begin “tapering” its bond purchases later this year and end them completely next year.  Will QE-3 be the final chapter of the Fed’s bond purchasing efforts known as Quantitative Easing? Read More

With foreign buyers flocking to places like San Francisco, Silicon Valley and Los Angeles to invest in U.S. real estate, the trend is beginning to have an impact on the housing industry – everything from increasing sales and prices to changing how developers design new homes and how brokerages market to off-shore investors. Read More

The March Madness in the Bay Area's housing market continued right into April. I know this is sounding like a broken record, but the story's the same: there continues to be far too many buyers are out there chasing far too few listings. The result of all this is more multiple offers and bids typically coming in as much as 10 percent over asking price on many homes – and a lot of frustrated buyers. Read More

They make up the largest generation in our nation's history – even bigger than the Baby Boomers. They are just reaching their prime home buying age. And for the most part, they've never owned real estate before. Watch out housing market: Here come the Millennials. And their impact on the real estate industry could be significant. Read More

The Bay Area's housing market is red hot these days with so many qualified buyers chasing so few homes for sale. Multiple offers and properties selling well over the asking price has become the norm in many communities. Now, the national - and even international - news media is catching onto the trend with stories about the robust seller's market here and elsewhere in the U.S. Read More

A new report out this week shows that the Bay Area’s housing market continues to gain strength with growing demand and a shortage of listings driving prices sharply higher and boosting sales once again in January.... Read More

At long last, our 49ers are back in the Super Bowl. It's been 18 long years since they last played on the world's biggest stage for the ultimate prize. And if history is any indicator, the entire country should be rooting for the Niners - not just fans like us around the Bay Area... Read More

As the Bay Area's housing market continues to heat up once again, it's catching the attention of the local news media in a big way. Just in the past week or so I've been on KQED, the local PBS radio station to speak about our market, and have been interviewed by the San Francisco Chronicle, talking about why the housing market is rebounding... Read More

The housing market, both in the Bay Area and across the country, certainly showed impressive gains in 2012 with sales and median sale prices up in most markets and distressed sales and foreclosures down. In fact, the biggest challenge many of our local markets faced last year was not having enough homes to sell in order to satisfy the growing demand from buyers. How far we've come in just a few short years! Read More

If you had any doubt that the Bay Area in general – and Silicon Valley in particular – is rapidly becoming the center of the luxury housing universe, a new study out this week should put that to rest. Coldwell Banker's annual Home Listing Report confirmed that the epicenter of luxury housing has moved from Southern California to Northern California, due in large part to the influence and success of the technology industry. Read More

The housing market is supposed to slow down as we get deeper into the fall season and inch closer to the holidays, but something very unusual is happening here in the Bay Area. Not only is the market remaining active overall, there's been a remarkable surge in luxury home buying – in particular, the mega-home sales. Read More

By now it's clear that this will not be an easy economic recovery. For every two steps forward we take one step back, as this week's mixed economic signals show. Read More

We’ve seen signs of an improving housing market all around us here in the Bay Area.  Home sales have picked up, buyer demand is strong once again, and prices are ticking higher in many areas.  Now, a number of  key industry reports confirm what we’ve been seeing in our backyard – the nation’s housing market appears to be on the road to recovery. Read More

Consumer confidence has long been a leading economic indicator for the housing market. The more we feel good about the direction of the economy, the stock market, home values, and improvements in the job market, the more likely we are to take the leap and buy a home. Read More

There was some welcome news for the housing market this week, both here in the Bay Area and nationally. The biggest headlines came on Thursday when the Federal Reserve, as expected, announced plans for further stimulus for the sluggish economy. Read More

So much for a summer slowdown in the housing market! Bay Area home prices surged to a four-year high in July and the region turned in its 13th consecutive month of year-over year sales increases, according to a new report out this week from DataQuick, the La Jolla-based real estate information services company. Read More

Summer is typically the time of year that our housing market slows down as buyers, sellers and agents all take time to enjoy the great weather and go on holiday before school resumes. But for the most part, we are still seeing a vibrant market around the Bay as the calendar turns to August and the final month of summer. Read More

The Bay Area’s housing market continued to heat up as summer got underway in June, with sales jumping 7.2 percent from a year ago and the median sale price surging to its highest level in nearly four years, according to a report released this week by DataQuick, the La Jolla-based real estate information services firm. Read More

The Joint Center for Housing Studies at Harvard University recently released its annual “State of the Nation’s Housing” study. The report noted a number of interesting trends, including the fact that the nation’s housing markets are showing definitive signs of a turnaround. But one of the things that really caught my attention was the fact that it’s now considerably cheaper to own a home than to rent the same home – something that was unheard of as recently as 2008. Read More

The Bay Area's housing market certainly has come a long way since the recession, with sales recovering in every price segment from entry-level distressed properties through multi-million-dollar Previews estates. And although prices took a hit from 2008 through 2010, valuations have also turned the corner and have been heading higher once again. Read More

Buyers were out in force this spring, pushing home sales up across the board, according to several recent market reports. The overall housing market saw the best April in six years, according to DataQuick, the La Jolla-based real estate research firm. And our own Coldwell Banker Residential Brokerage luxury reports found surging high-end sales from Marin to Silicon Valley and across to the East Bay. Read More

More "green shoots" sprung up for the nation's housing market this week. On Tuesday, the National Association of Realtors reported that existing home sales rose in April and remain above year-ago levels, and home prices nationwide continued to rise as well. And on Wednesday, the Commerce Department said that sales of new homes rose 3.3 percent in April from March to a seasonally adjusted annual pace of 343,000.  Read More

 

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