Tag Archives: Low Interest Rates

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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Home prices in Bay Area up 17.5% in January

Home prices in the five-county San Francisco metro area surged 17.5 percent in January versus a year ago – one of the biggest gains nationwide – according to a key gauge released on Tuesday. Overall, U.S. home prices registered their … Continue reading

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Sound Off: What to consider in a seller’s market

Q: How does the lack of inventory affect potential sellers? A: This is a concern that often leads sellers to sit on the sidelines rather than call their Realtor and put that “For Sale” sign in front of their house. … Continue reading

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