Category Archive for: ‘affordability’

Most Americans Aspire To Homeownership

Most Americans Aspire to Homeownership

About 80 percent of non-homeowners hope to eventually purchase property and think it is a crucial part of the American dream. Two-thirds of Americans say...
Eight Housing Market Predictions For 2018

Eight Housing Market Predictions for 2018

Below, Pacific Union offers our perspective on some key U.S. economic and housing market trends that we believe will play out in the coming year. For a...
California Bay Area Pending Home Sales Once Again Slip In October

California, Bay Area Pending Home Sales Once Again Slip in October

The California Association of Realtors’ Pending Home Sales Index declined by 2.6 percent year over year in October. Bay Area pending sales dropped...
California Housing Affordability Falls To Decade Low In Third Quarter

California Housing Affordability Falls to Decade Low in Third Quarter

Twenty-eight percent of California households earned the minimum annual income needed to purchase the median-priced $555,860 single-family home in the...
Bay Area Housing Affordability Improves In The Third Quarter

Bay Area Housing Affordability Improves in the Third Quarter

Affordability increased nationwide and in all nine Bay Area counties from the second quarter. San Francisco was the only Bay Area county where annual...
Two New Reports Highlight California Bay Area Housing Affordability Challenges

Two New Reports Highlight California, Bay Area Housing Affordability Challenges

Seventy-five percent of the country’s 20 least-affordable real estate markets for first-time buyers are located in California. Oakland and Berkeley...
Most Americans Still Think Buying A Home Is A Good Financial Decision

Most Americans Still Think Buying a Home Is a Good Financial Decision

More than eight in 10 respondents to a new survey say that homeownership is a smart financial decision. Building equity is seen as the top reason to...
U S Home Affordability Drops To Nine Year Low

U.S. Home Affordability Drops to Nine-Year Low

Home prices grew by 7.7 percent on an annual basis in the second quarter, while wages dropped by 1.4 percent. Year-over-year home price growth outpaced...
How Much Do Utility Bills Add To Bay Area Homeownership Costs

How Much Do Utility Bills Add to Bay Area Homeownership Costs?

Nationwide, utilities added 25 percent to the cost of homeownership last year. Utilities contribute far less to the cost of owning a home in the Bay...
Bay Area Pending Home Sales Continue To Plummet

Bay Area Pending Home Sales Continue to Plummet

California pending home sales decreased for the fourth consecutive month in April, while the Bay Area registered the seventh straight month of...
Page 1 of 512345