Category Archives: Market Conditions

Rising Rents, Home Prices Shut First-Time Buyers Out of Expensive Markets

Rent price hikes across the country outpaced income growth over the past five years, making it increasingly difficult for renters – particularly those who have never owned a home – to get a foot in the door, a new study says. That has proved particularly true in the San Jose metro area, where rent prices increased about three times faster than wages over the past five years.

Read more

Pacific Union’s February 2015 Real Estate Update

MonthlyMarketUpdate_Feb15_ContraCosta

The pace of residential real estate sales picked up throughout most of Pacific Union’s Northern California regions in February, with homes selling in fewer days than in the previous month in every market except for Napa County and Lake Tahoe/Truckee. Get the lowdown on last month’s real estate activity across the region in Pacific Union’s February 2015 Real Estate Update.

Read more