Monthly Archives: August 2019

I-TEAM EXCLUSIVE: Redfin closes several Bay Area offices because of gun threat – KGO

SAN FRANCISCO (KGO) — Real estate firm Redfin closed four Bay Area offices this week, after a contractor who had been fired made a veiled threat about shooting employees. An anonymous source told ABC7′s I-team this week that a fellow … Continue reading

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Housing Bubble 2 in San Francisco Bay Area & Silicon Valley Pops Despite Startup Millionaires & Low Mortgage Rates

House prices dropped again – and ironically the most in San Francisco and Silicon Valley. In the San Francisco Bay Area overall, house prices dropped again in July compared to July last year. They dropped in eight of the nine … Continue reading

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Amid trade wars, foreign investment in pricey California homes falls

Foreign buyers have cooled on the U.S. residential home market, dropping investments by more than one-third over the previous year and spending less in expensive California. The share of foreign investment going into California residential real estate slipped in 2018 … Continue reading

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Bay Area Housing Market Hits Brief Cooling Trend: Report

Is the hot Bay Area housing market starting to cool? New research shows not only are there fewer bidding wars compared to last year, but also houses are taking longer to sell. For example, a house in Mountain View was … Continue reading

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You need to make $343,000 to afford a home in San Francisco, new study says

Homes are slightly more affordable than they used to be as wages have gone up and mortgage rates have come down. But it still takes about $200,000 to afford a median-priced home in the Bay Area, and significantly more than … Continue reading

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