Monthly Archives: March 2022

$95,000 for 200 square feet: Tiny homes are in demand amid the Bay Area’s affordability crisis

Some sellers offer plots where people can live after buying their tiny home. Others require them to be shipped or trucked to land that the buyers own. But with that demand also comes supply issues. Companies like Pacifica Tiny Homes, … Continue reading

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Bay Area real estate experts anticipate 2022 will bring ‘craziest spring in home buying’ ever – KGO

SAN JOSE, Calif. (KGO) — We’ve all heard that Bay Area housing prices are out of control and higher than they’ve ever been. It’s true, and it’s a story we’ve all been seeing for years. But experts are saying that … Continue reading

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Investor home buying in the Bay Area is not at a record high — but it’s rapidly growing in these ZIP codes

“Hollister is really the up-and-coming place,” Macias, an associate with RE/MAX Gold, said of the recent real estate boom. “Ninety-nine percent of the buyers I’ve worked with have come from the Bay Area.” But it’s not just individual home buyers … Continue reading

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Record-breaking 2021 changed San Francisco real estate, maybe forever

In San Francisco, that demand was insatiable. The typical U.S. home sold for nearly $400,000, up 24.4% year-over-year. Meanwhile, in San Francisco, that price was $1.5 million. But it wasn’t just the city proper — the whole Bay Area was … Continue reading

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The Most Splendid Housing Bubbles in America, Feb. Update: Raging Mania in Phoenix to Cooling Condos in San Francisco

But the deals were made when mortgage rates were still 3%, not 4% as today. By Wolf Richter for WOLF STREET. In some cities, house prices continued their crazy spikes, such as in Phoenix, where prices have exploded by over 30% year-over-year for … Continue reading

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