Tag Archives: Jed Kolko

Jobs report tempers mortgage rates

The jobs picture improved slightly in July, but its impact on the housing recovery is more murky. Mortgage bankers shed 1,200 jobs, as their refinance business has dropped dramatically due to higher rates. The unemployment rate for young adults rose … Continue reading →

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Bay Area home price growth levels off

Buying ain’t easy. First prices soar, then they slow down, but rising interest rates make up the difference. Blanca Torres Reporter- San Francisco Business Times Email  | Twitter  | Google+  | LinkedIn The rapid rise of home prices may be slowing, but too … Continue reading →

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Housing boom sends Bay Area home prices soaring

A housing boom is sending home prices soaring nationwide, with real estate experts saying the San Francisco Bay Area — specifically the East Bay — is leading the way. In its monthly report on housing prices, the SP/Case-Shiller Home Price … Continue reading →

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Homes sell faster than ever in Bay Area

Tight inventory – a dearth of homes for sale – is driving bidding wars throughout the Bay Area, sending prices up and leaving scores of disappointed would-be buyers. Homes that do hit the market sell within days. So few homes … Continue reading →

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Bay Area luxury home sales boom in 2012

Led by an eye-popping $117.5 million paid for a Woodside mansion – the most expensive U.S. home ever – luxury properties in the Bay Area and California saw sales surge in 2012, according to real estate reports. Mansions that had … Continue reading →

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