Tag Archives: Low Interest Rates

Bay Area home prices, sales climb in July

With more Bay Area residents choosing to sell their homes, real estate sales in July hit their highest monthly volume in almost seven years, while the median price continued its surge, according to a real estate report released Thursday. A … 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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San Francisco median home hits $1 million

This home at 6905 Norfolk Road in Berkeley boasts four bedrooms and three bathrooms for $1,095,000 or $322 per square foot. See listing here. Blanca Torres Reporter- San Francisco Business Times Email  | Twitter  | Google+  | LinkedIn The median price for a … Continue reading

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The San Francisco Bay Area’s Housing Micro-Climates: A Microcosm Of A 2 …

The San Francisco Bay Area is known for its micro-climates. Particularly in the spring and summer, temperatures and weather conditions can vary dramatically the further you move from the Pacific Ocean (or as I like to call it, the fog … Continue reading

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Why Housing Affordability Is at Risk

The average rate on the 30-year fixed mortgage dropped to 3.68 percent last week, according to the Mortgage Bankers Association. From 1985 through 1999, rates ranged from 6 to 13 percent. Present low rates have allowed buyers to purchase more … Continue reading

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