Weekly Real Estate Update

Mortgage Availability Improves for Sixth Straight Month

The Mortgage Bankers Association says that relaxed government regulations, new offerings from federal loan programs, and new jumbo-loan options helped improve access to home loans in April, the sixth straight month of increased availability. Get the full story at http://bit.ly/1FRNGYs

Bay Area Unemployment Claims Keep Dropping in April

Jobless claims dropped from the previous month in all nine Bay Area counties in April, while the Golden State's unemployment rate reached its lowest level in seven years. And job growth is projected to remain strong throughout the remainder of the year, particularly in the San Francisco and San Jose metro areas. Read more at http://bit.ly/1BpbzkE

Home Prices Are Rising in Scenic, Seaside Bodega Bay

Not far from Sonoma County's two largest cities but a world apart from the bustle of the Bay Area, the laid-back coastal community of Bodega Bay is steeped in the natural beauty that has long drawn people to Northern California – one reason that home prices have seen sizable gains over the past two years. Check out our community profile at http://bit.ly/1Aw5wQC

Real Estate Roundup: San Francisco Luxury Condo Buyers Are the West's Most Educated

Recent news of interest to homebuyers, home sellers, and the home-curious includes a report that nearly two-thirds of luxury condominium owners in San Francisco hold advanced degrees. Also, Bay Area renters who are considering buying a home might be surprised to learn how much money they can saving by acting while interest rates are low. Get all the week’s top news at http://bit.ly/1GROvkM