Weekly Real Estate Update

Solid July U.S. Job Numbers Line Up With Rallying Stock Market

July marked another solid month of job gains for the U.S. economy, which helped boost the stock market. Pacific Union Chief Economist Selma Hepp weighs in on the latest employment numbers at http://pacunion.us/2hC6lDO

 

Bay Area Home Sellers Are Still Raking in the Nation’s Largest Profits

The second quarter was an excellent time to sell a U.S. home, with sellers pulling in the largest gains in a decade. That was particularly true here in the Bay Area, where sellers again realized the biggest returns in the country. Read more athttp://pacunion.us/2vZZ6Jh

 

U.S. Housing Inventory Sinks to 30-Year Low

America's housing shortage is not only putting the brakes on home sales, it is also having a significant impact on affordability. Get the story at http://pacunion.us/2w6ntoH

 

California Poised to Pass the U.K. as the World's Fifth-Largest Economy

Although the Golden State's job growth has slowed a bit in 2017, the economy remains a global powerhouse and may move up the rankings by the end of the year, an indicator that demand for housing in California should remain robust. Read more athttp://pacunion.us/2uXNo39

 

Pacific Union's 12 Favorite Bay Area Day Trips

It's August, and the Bay Area's weather should soon be approaching prime time. Check out the amazing local places our staff members go to get away for a day or a long weekend. Our guide is online at http://pacunion.us/2htZSe7

 

Real Estate Roundup: Which Grocery Store Chain Boosts Home Values the Most?

Homes located near one popular grocery-store chain have appreciated by more than 60 percent over the last five years, while Berkeley has been named one of the best places to live in America. Get these and other headlines of note in Pacific Union's latest Real Estate Roundup, online at http://pacunion.us/2usdaJx