Category Archives: SF Bay Area News

The CAR’s housing affordability index calculates the percentage of households that can afford to purchase a median-priced, single-family home in California. By that measure, in the Bay Area, only 18% of home buyers could afford to purchase the $1.495 million … Continue reading →

Overall, home sales are down 38% from last year. Meanwhile, the new report from the real estate brokerage showed that home appreciation rates have plunged this summer.  The percentage of homes that sold for over asking prices has also come … Continue reading →

Mark Zuckerberg sold his San Francisco home for $31 million, according to The Real Deal. He still owns compounds in Palo Alto, California, and on nearby Lake Tahoe. These days, he seems to be spending more time in Kauai, Hawaii, … Continue reading →

Homeownership rates are shifting despite the fact that men still average significantly higher pay, and even though financial research shows U.S. women tend to pay more for homes but profit less from the sales. The 49% homeownership rate for single … Continue reading →

While an economic downturn would have a negative impact on the region, its effects would likely be much worse in the U.S. metropolitan areas that saw an influx of people from places like the Bay Area, a new report says. … Continue reading →