WalletHub recently published its list of the healthiest housing markets of 2015 so far and it's pretty encouraging! The insurance company Nationwide has been tracking the health of the housing industry on a quarterly basis, and at the beginning of the year reported that “the overall housing market is healthier than at any time since 2001” and is optimistic that t...
With demand at record levels property prices across the Bay Area are continuing to set record highs. The median price for Santa Clara County homes reached another all-time high in April, climbing to $905,000. Alameda County, where the median price tag rose to $690,000 as did San Mateo County, at-- $1,194,500. Overall prices rose in all 9 counties throughout the regio...
Sunnyvale, California was originally founded as the City of Murphy, named after one of the cities first residents, Martin Murphy Jr. a rancher and wheat farmer who purchased a piece of the historic Rancho Pastoria de las Borregas property in 1850. Mr. Murphy later named his property "Bay View" and constructed one of the first wood frame homes in the area. In the 18...
The San Jose Mercury News recently shares (yet) another article on how the hiring frenzy at companies like Facebook and Google is creating huge demand for new homes. These big time silicon valley companies are adding thousands of new positions to their payrolls. This means an influx of new workers all looking for a place to live, and builders like SummerHill are worki...
[caption id="attachment_2742" align="aligncenter" width="640"] Las Palmas - The Groves[/caption] The San Jose Mercury News recently ran an article on how the San Francisco Bay Area housing costs are impacting the new home market. Land costs have gone up at least 40-50 percent in the past two or three years, Smiley said, ranging now from $3 to $4 million an acre in Sa...
We read with interest a recent Q&A with Lawrence Yun, the chief economist for the National Association of Realtors (NAR), that ran in the San Jose Mercury News. Yun is a man who, when he speaks, everyone interested in real estate listens. His predictions and observations is closely analyzed across the country and in the halls of congress. As a builder of new homes...
A few days ago, NBC Bay Area ran a story about the South Bay Housing market. According to NBC, the South Bay housing market is so hot that sellers are pulling out at the last minute. Cancelling the sale. Saying “nevermind.” Why? Because the sellers worry they might become homeless themselves if they sell! This is brand new. Unprecedented. And we’ll add this to t...
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Highly-rated schools in the San Ramon Valley Unified School District are leading to a tight housing market. San Ramon's mayor, who is also a realtor, said the market is reminiscent to pre-recession days. Ann Notarangelo reports. VIDEO:CBS 5 News Story It is time to invest in your childrens future! Purchase a new beautiful home in San Ramon's Renaissance at Roubion b...
Is real estate today’s best long term buy? Are we near the end of the housing market bust? Many experts think so: The economy is growing and will eventually create more jobs,  real estate prices are bouncing along the market bottom, and in an environment of increasing US debt and dollar devaluation -  tangible property ...