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San Francisco Bay Area home prices set to surpass pre-crash record highs

Broderick Perkins — Sat, 11 May 2013 13:00:26 +0000

San Francisco Bay Area home prices are a few months away from not only returning to pre-crash levels, but zooming into uncharted price territory, if current market conditions continue in the immediate future.

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Is the residential real estate inventory shortgage real?

Peter G. Miller — Sat, 27 Apr 2013 13:00:43 +0000

A steady stream of claims that the real estate marketplace somehow has an inventory shortage can't be true when, at the same time, there is an annual increase in the number of distressed properties for sale, properties typically sold at a discount.

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South SF Bay Area market remains short on supply; sales mixed, prices rising

Broderick Perkins — Wed, 17 Apr 2013 13:00:46 +0000

"For sellers, stick with the comparables and don"t be overzealous in pricing your property. For buyers, get yourself pre-approved for a mortgage before you start looking and be persistent," says Carl San Miguel, SCCAOR president.

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Holy Sacramento!

Broderick Perkins — Wed, 10 Apr 2013 13:00:01 +0000

Sacramento was one of the nation's hardest hit cities during the housing crisis. Now, thanks to low inventories and clamoring investors, California's capital is about to experience home prices rising faster than any other major metro in the nation.

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Home price increases mask true, smaller home value increases

Broderick Perkins — Wed, 26 Dec 2012 18:44:21 +0000

Today's home price increases may be well off real home value increases in some metropolitan areas. In other areas, prices and values are more aligned.

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Reason to give thanks: Many Silicon Valley home values have returned to 2005 levels

Broderick Perkins — Wed, 21 Nov 2012 20:00:05 +0000

Happy Thanksgiving. The wait for the return to "pre-recession home prices" is over in some Silicon Valley neighborhoods. However, those who purchased at the peak of the market and still suffer values far below the balance on their mortgage aren't celebrating.

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Most housing markets worse off than four years ago

Special Report — Mon, 22 Oct 2012 20:00:35 +0000

RealtyTrac's "Election 2012 Housing Health Check" found that 65 percent of local housing markets nationwide are worse off than four years ago based on an analysis of five key metrics impacting housing in more than 900 counties nationwide.

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Infographic: What women want from the American Dream

Mark K. Hicks — Fri, 19 Oct 2012 13:00:08 +0000

Women see home ownership as more important to the American Dream than men. So now, men, you have no excuse. You KNOW what women want more than a stable career, more than having a family.

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Silicon Valley rolling out larger short sale bargains, inventories

Broderick Perkins — Thu, 04 Oct 2012 00:41:20 +0000

In San Jose, which accounts for more than half Santa Clara County (Silicon Valley) sales, the median single-family home price, for all single-family sales, was up 17.5 percent to $575,000, the median price on short sales was virtually flat at $390,000.

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Most Silicon Valley submarket sale prices exceeding list prices

Special Report — Thu, 13 Sep 2012 13:00:52 +0000

Most Santa Clara County home sellers are selling homes for more than the asking price, sometimes as high as 106 percent of the list price with hot spots throughout the county.

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Neighborhoods that fit in a pocket

Broderick Perkins — Wed, 22 Aug 2012 13:00:38 +0000

Rooted in the Dutch cohousing model of communal living, and borrowing concepts associated with infill housing and transit-oriented development (TODs), pocket neighborhood development is an outgrowth of the back-to-the future trend toward more-affordable, high-density, neighbor-friendly housing, with an emphasis on "small."

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Infographic: Silicon Valley’s REO, short sale bargains comprise 26 percent of market

Special Report — Wed, 08 Aug 2012 20:13:10 +0000

REOs and short sales comprised 26 percent of all sales in the Silicon Valley housing market. Here's a look at the discounts and the best cities to land the deals.

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What do homebuyers want?

Mark K. Hicks — Sat, 21 Jul 2012 13:00:02 +0000

American home buyers, emerging from the greatest recession since the Great Depression, are torn about the size of home they want. They are more certain about saving money, energy-efficiency, sustainability and comfort.

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‘American Dream Home’ growing again

Broderick Perkins — Thu, 19 Jul 2012 13:00:25 +0000

Nearly three in four Americans want a single-family, detached home in a country setting with four bedrooms and three bathrooms. Two out of five want more, a super-sized home with 2,000 to 3,000 square feet. Who says housing is downsizing?

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Desperate buyers try to game the system with offers that backfire

Robert Aldana — Wed, 20 Jun 2012 13:00:11 +0000

Acts of desperation are leading to more transactions failing. As the area housing market continues to heat up with as many as 20 home buyers for each listing, buyers are becoming desperate to get their foot in the door. Here are three acts of desperation that can kill your deal.

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