Tag Archives: Boom

Homes Selling at Fastest Pace Since Boom

While homes are certainly selling faster, double digit price gains are not considered healthy, especially when wage growth is nowhere near that. At some point buyers will hit the wall, unable to afford the homes they want. (Read More: US … Continue reading

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Next Boom? ‘Spec’ Homes Are Back

“We’ve seen the listings in the market drop dramatically. It’s been way, way down for months and months and months. The wave of foreclosures hasn’t come to us in a way that impacts the market. Investors are coming in and … Continue reading

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How Crazed Is the Bay Area’s Real Estate Market? (Video)

April 22 (Bloomberg) — Redfin CEO Glenn Kelman discusses the madness in Bay Area real estate with Emily Chang on Bloomberg Television’s “Bloomberg West.” (Source: Bloomberg) The recent tech boom in the Bay Area has also meant a boom in … Continue reading

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New Housing Fears: Home Prices Are Rising Too Fast

As a result, home prices are now rising more and faster than most analysts predicted due to this short supply, up 7.4 percent year-over-year in November, according to CoreLogic. They are especially surging in some of the hardest hit markets … Continue reading

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Peninsula rents going the way of SF and Manhattan

San Francisco and Manhattan are famously unaffordable cities to rent in– not that such information discourages people from renting in either location. High demand, of course, is part of the sky high prices. But according to a new study by … Continue reading

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