Weekly Real Estate Update

Bay Area Home Sales, Price Growth Lead Golden State

The California Association of Realtors reports that the Bay Area was the only region in California where homes sold at a premium in May, with final sales prices an average of 7.3 percent above asking prices. For details, go to http://bit.ly/1JRW25q

San Francisco, San Jose Cited for 'Major Job-Creation Mojo'

San Francisco and San Jose placed second and third, respectively, on a list of the nation's top 10 housing markets where job growth is powering home price increases. Get the full story at http://bit.ly/1Tual2X

Chinese Now Account for Largest Share of U.S. International Property Buyers

Buyers from China have been steadily increasing in ranks over the past five years, leading the country to overtake Canada as the largest foreign investor in U.S. real estate. Here in the Golden State, more than half of international sales involve a buyer from Asia. For more information, go to http://bit.ly/1eqDkEX

Survey: California Homebuyers Say Neighborhood Safety Is Top Concern, Followed by Walkability, Schools,/b>

A survey from the California Association of Realtors also found that 85 percent of buyers believe their home is worth the price they paid for it. And buyers reported significantly fewer troubles obtaining a home loan. Get more survey results at http://bit.ly/1ITg0tx

Real Estate Roundup: Silicon Valley ZIP Code Posts Country's Largest Housing-Wealth Gain

Recent news of interest to homebuyers, home sellers, and the home-curious includes a report that homeowners in one Palo Alto ZIP code have enjoyed housing-wealth gains in excess of $100,000. Also, one company's data says that median home prices have reached new highs in Santa Clara and Alameda counties. Get all the week’s top news at http://bit.ly/1N0XVKU