Category Archive for: ‘Daren Blomquist’

Bay Area Homebuyers Still Lead The Nation For Down Payment Size

Bay Area Homebuyers Still Lead the Nation for Down-Payment Size

The average U.S. down payment was $20,000 in the third quarter, a 17-year high. Buyers in the San Jose and San Francisco metropolitan areas again made...
U S Median Home Price Again Hits New High

U.S. Median Home Price Again Hits New High

The median sales price for a U.S. home rose to $248,000 in the third quarter, another record high. San Jose and San Francisco home sellers reaped 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...
Bay Area Buyers Make The Nations Largest Down Payments

Bay Area Buyers Make the Nation’s Largest Down Payments

Homebuyers in the San Jose and San Francisco metro areas placed the largest down payments in the second quarter, a respective 25.2 percent and 22.3...
Bay Area Home Sellers Are Still Raking In The Nations Largest Profits

Bay Area Home Sellers Are Still Raking in the Nation’s Largest Profits

U.S. homeowners who sold in the second quarter realized average returns of 26 percent since the time of purchase, which translates to $51,000. Home...
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...
Rising Mortgage Rates Drag Down Refinancing Activity

Rising Mortgage Rates Drag Down Refinancing Activity

First-quarter refinancing and loan-origination numbers were down substantially on a quarter and monthly basis, as rising mortgage rates caused some...
Bay Area Home Sellers Net Biggest First Quarter Gains In The U S

Bay Area Home Sellers Net Biggest First-Quarter Gains in the U.S.

U.S. home sellers pulled in the biggest gains in nearly a decade in the first quarter of 2017, with Bay Area and California markets leading the...
Four Bay Area Counties Still More Affordable Than Their Historic Norms

Four Bay Area Counties Still More Affordable Than Their Historic Norms

December 28, 2016 by Pacific Union • Posted in Market Conditions Although Bay Area home shoppers can expect to funnel a hefty portion of their incomes into...
U S Home Sales Gains Near Decade High Led By Bay Area Markets

U.S. Home Sales Gains Near Decade High, Led by Bay Area Markets

April 26, 2016 by Pacific Union • Posted in Home Price Conditions Homeowners who sold their properties in March realized the largest gains since before the...
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