Fires haven't extinguished buyer activity in the Bay Area
Compass' latest Bay Area market analysis shows strong buyer activity despite recent wildfires, with listings under contract declining only 3%
by Marian McPherson Sep 18
House flipping rates decline while profit margins rise across the U.S.
The climbing profit margins are a reflection of how home prices have continued to stay steady, and even increase in some areas, during the pandemic
by Lillian Dickerson Sep 16
Co-living startup HubHaus to shut down
The venture capital-backed startup, which sought emergency funding before taking steps to shut down, has been unsuccessful in attracting a potential buyer
by Lillian Dickerson Sep 14
Remote work trend could create 2M new buyers: Zillow
A study by the Seattle-based company found that approximately 2 million renters could afford monthly payments on a typical starter home in the US, but not in their current metro
by Patrick Kearns Sep 8
Zombie foreclosures see modest increase in third quarter
Although the total number of properties in foreclosure is down 16% from the previous quarter, zombie foreclosures increased from 3% to 3.7% of all properties, according to Attom Data Solutions
by Lillian Dickerson Aug 26
$22M listing makes WFH more exciting with some of SF's best views
The top-floor office of this San Francisco home is the highest residential point in the entire city, according to listing firm Sotheby's International Realty
by Lillian Dickerson Aug 24
'It’s as hot a seller’s market as I’ve ever seen': More than half of all July home offers faced competition
Salt Lake City, San Francisco and San Diego were the 3 most competitive metro areas for Redfin agents making offers last month, according to a new Redfin analysis
by Jim Dalrymple II Aug 10
Suburbs growing in popularity thanks to coronavirus pandemic
Search data from realtor.com shows that US urbanites are increasingly considering life in the 'burbs
by Jim Dalrymple II Aug 10
Rent prices are slowing faster in cities than in the suburbs: Zillow
Between February and June, annual rent growth slowed 2 percentage points in urban areas while slowing by just 1.4 percentage points in suburban areas, according to a Zillow study
Sotheby's acquires 101-year-old San Fran brokerage McGuire Realty
The acquisition has been in the works for months, and the Sotheby's and Golden Gate Sotheby's teams are completing the finishing touches, which include transferring agent licenses and listings over to the Sotheby's network
by Marian McPherson Jul 31
As tech companies go remote, Bay Area rents tumble
Denser counties close to big tech companies are seeing significant year-over-year rent decreases, with San Francisco experiencing a 7.4% decline, according to a new study
by Patrick Kearns Jul 29
Corcoran's biggest franchise expands again by acquisition
Corcoran Global Living has acquired Discovery Bay Properties, an East Bay, California-based brokerage and former Intero franchisee with roughly 100 agents
by Patrick Kearns Jul 28
US home sale profits rise to new post-recession high
The typical home sale profit of $75,971 in the second quarter of 2020 reflected a 36.3% return on investment, a new high in raw profits since the housing market started its recovery from the Great Recession in 2012
by Lillian Dickerson Jul 22
Multifamily rents fell year-over-year for first time in a decade
Annual rent growth shifted to negative in June, falling to -0.4% to $1,457
by Lillian Dickerson Jul 22
Minimum wage workers must clock 97 hours a week to afford housing
According to the National Low Income Housing Coalition, minimum wage workers need to make $23.96 per hour to comfortably afford a two-bedroom rental
by Marian McPherson Jul 20