Weekly Real Estate Update

Strong August U.S. Jobs Growth Suggests That Higher Interest Rates Are Coming

The U.S. economy added jobs for the 95th consecutive month in August. Pacific Union Chief Economist Selma Hepp weighs in on the new numbers. You’ll find her analysis exclusively at https://pacunion.us/2wSi0mm

 

The Bay Area Has the Fewest Underwater Homes in the U.S. in 2018

Homeowners in five Bay Area cities are doing the best in America when it comes to accruing equity, helping to propel a Silicon Valley community to near the top of a list of the country's leading real estate markets. Read more at https://pacunion.us/2Qa06UZ

 

Confident of More Price Growth, Homeowners Are Waiting to Sell

Many homeowners in expensive U.S. markets like the Bay Area are delaying a sale in an attempt to maximize their profits, thereby reducing the number of properties on the market and perpetuating price growth. Details are available at https://pacunion.us/2M04S4k

 

Generation Z Is Poised to Make a Splash in the Housing Market

While millennials represent the largest group of U.S. homebuyers, they can expect the generation behind them to offer stiff competition in the market, with California a preferred destination for both age brackets. Read more at https://pacunion.us/2oNf5ba

 

Real Estate Roundup: East Bay City Ranks Among the Nation's Best for Families

An Alameda County city ranks as one of the top places in America for raising a family, while home flippers in two Oakland ZIP codes netted substantial profits in the second quarter. Keep up to date with the latest housing headlines of interest in Pacific Union's latest Real Estate Roundup at https://pacunion.us/2N4s06S