Tag Archives: Chief Economist

Foreigners shop for Bay Area real estate

Whether snapping up a discounted Marin mansion for vacations, buying a small Oakland apartment building for a cash-flow investment or purchasing a home of their own as they move here, foreign buyers are an increasingly potent force in residential real … Continue reading

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Rent Spikes Begin to Ease

Recent reports have shown home prices rising, especially in the housing markets which were hardest hit in the crash. Investors, buying in bulk, have been swarming these distressed markets, seeking to take advantage of a thriving new single family rental … Continue reading

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Home Prices Are Not Rebounding as Fast as You Think

Home prices are rising faster than expected so far this year, or are they? Prices nationwide in July rose 3.8 percent year-over-year, according to the latest reading from CoreLogic. This includes prices of distressed properties and is the biggest annual … Continue reading

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Pending Home Sales Beat Expectations in July

Despite expectations of a drop-off in home sales this fall, a forward-looking indicator shows a growing number of buyers are jumping back into the housing market. The National Association of Realtors’ Pending Home Sales Index rose 2.4 percent in July … Continue reading

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US Home Builders Begin to See Credit Thaw

The U.S. home building industry is finally coming off its lowest volumes ever, albeit in fits and slow starts.  New single family home starts fell 6.5 percent in July from the previous month but are still up 17 percent from … Continue reading

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