Weekly Real Estate Update

Proposition 10: Possibly the Worst Approach to California's Current Housing Crisis

Pacific Union Chief Economist Selma Hepp digs into the implications that Proposition 10 – which would repeal the Costa-Hawkins Rental Housing Act – would have on California housing markets. Read her exclusive analysis at https://pacunion.us/2Od6A7F

 

The Number of Americans Who Think Now Is a Good Time to Sell a Home Climbs to Record High

Both the number of Americans who believe that the time is right to sell a home and those who think that the economy is headed in the right direction are at all-time highs as the third quarter ends, though qualifying for a mortgage worries a substantial portion of the population. Details are available at https://pacunion.us/2OgplXv

 

San Francisco Has the Nation's Tightest Housing Supply Conditions

Although inventory has been improving modestly in the Bay Area over the past couple of months, it is still insufficient to meet demand, causing most homes in the San Francisco metropolitan area to sell for premiums this summer. Get the latest data at https://pacunion.us/2Q9MBE5

 

The Home Amenity That Americans Cannot Live Without

While most homebuyers are willing to sacrifice some amenities to gain access to top-performing schools, there are some features that are considered must-haves. Read more at https://pacunion.us/2OOUgYb

 

Real Estate Roundup: East Bay ZIP Code Named Among the Nation's 5 Hottest Real Estate Markets

A relatively affordable ZIP code in Alameda County ranks among the country's hottest real estate markets this year. Meanwhile, mortgage rates have climbed to a seven-year high. Read more in Pacific Union's latest weekly Real Estate Roundup, available at https://pacunion.us/2Iwb2ZJ