Tag Archives: Recession

Median Bay Area Home Prices Jump At Record Rates As Inventory Remains Tight

SAN FRANCISCO (CBS/AP) – The real estate tracking firm DataQuick said Thursday that the median price for homes in the nine-county San Francisco Bay area reached $555,000 in June, an increase of 6.9 percent over the previous month. The real … Continue reading

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San Francisco Median Home Price Tops $1 Million

Earlier this month, San Francisco reached a potentially dubious milestone–the median price of a home in the city topped $1 million. To give a sense of just how quickly this has happened, its important to note that the current median … Continue reading

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Vacation Home Sales Sizzle, Rentals Booking Fast

“We’re getting the calls again from people looking to really buy, buy into the market and start renting again,” said Lipscomb. The impact of Super Storm Sandy is less apparent further south on Hilton Head Island in South Carolina. “It’s … Continue reading

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Why Chinese money is flooding Bay Area real estate

Blanca Torres Reporter- San Francisco Business Times Email  | Twitter  | Google+ Chinese money has flooded the Bay Area real estate market — and you can expect more, way more. Investors in Asia have plenty of reasons to put their capital in … Continue reading

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Calif. governor looks to China for investments

Click photo to enlargeSACRAMENTO, Calif.—California Gov. Jerry Brown has designs on building some of the most expensive public works projects in the nation and wants to keep the state moving forward in its slow recovery from the recession. Where better … Continue reading

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