Community Blog

Read more +24 October 2017 By Joe Kehrig in Community Blog

THE ALAMEDA COUNTY/EAST BAY MARKET AT A GLANCE

The East Bay’s housing market continued its strong streak in the third quarter, with the largest sales increase from last year among Bay Area regions. Higher-priced homes experienced renewed demand, which was fueled by an increase in inventory. On the other hand, a lack of relatively affordable homes is holding back sales at lower price
Read more +24 October 2017 By Joe Kehrig in Community Blog

THE CONTRA COSTA/TRI-VALLEY MARKET AT A GLANCE

From Pacific Union International Chief Economist Selma Hepp – Oct. 18, 2017 Third-quarter housing market activity in Contra Costa County continued the strong pace that began earlier in the summer. Despite fewer homes on the market than during the same period last year, the number of transactions remained steady. As a result, buyers again faced
Read more +08 May 2017 By Joe Kehrig in Community Blog

Real Estate News and Information from the Kehrig team

Pacific Union CEO Mark McLaughlin: Innovation or Just More Conflicts of Interest? Pacific Union CEO Mark A. McLaughlin weighs in on Palo Alto-based DeLeon Realty’s recent decision to waive buy-side commissions in home sales where its agents work both sides of the transaction. Get his perspective at http://pacunion.us/2pO7MBR Selma Hepp: U.S. Job Growth Rebounds Strongly
Read more +24 April 2017 By Joe Kehrig in Community Blog

Sunshine After the Rain: Bay Area Housing Markets Bounce Back in March

• Bay Area home sales rebounded in March, with a 60 percent increase in volume from February, higher than the historical 45 percent increase between the two months. • On a year-over-year basis, home sales were up 3 percent in March, with the largest increases in Napa County, Silicon Valley, and San Francisco. • March
Read more +21 March 2017 By Joe Kehrig in Community Blog

Real Estate Roundup: Spring Homebuying Season Starts Early This Year

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. SPRING COMES EARLY TO THE U.S. HOUSING MARKET Spring officially arrives today, but the U.S. real estate market already kicked into high gear a few weeks ago, fueled by a thriving economy and urgency over rising mortgage rates. A recent
Read more +09 February 2017 By Joe Kehrig in Community Blog

Real Estate Roundup: California Homebuyers Face Lengthy Down-Payment Savings Time

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. SAN FRANCISCO HOMEBUYERS MUST SAVE MONEY FOR A DECADE First-time buyers who hope to someday own a piece of California real estate should make a savings plan and stick to it closely, as homes in the state’s major cities require
Read more +09 December 2016 By Joe Kehrig in Community Blog

Which Bay Area Housing Markets Are Hot and Which Are Not?

Executive Summary: Monthly year-over-year appreciation averaged 7 percent throughout the Bay Area in 2016. However, price appreciation varied widely, from -6 percent in some cities to almost 20 percent in others. Some ZIP codes, particularly those in Oakland and Berkeley, appreciated in excess of 20 percent. The median price for homes in cities experiencing depreciation
Read more +04 October 2016 By Joe Kehrig in Community Blog

Real Estate Roundup: Californians Cash Out, Move to Budget-Friendly States

MORE CALIFORNIA HOMEBUYERS GOING TO OTHER STATES THAN COMING The rapid home price appreciation of the past few years has prompted many California homeowners to sell and abandon the state for much less expensive parts of the country. Citing a CoreLogic study, The Wall Street Journal reports that between 2000 and 2015, 2.5 home sellers
Read more +19 August 2016 By Joe Kehrig in Community Blog

ECONOMIC STRAIGHT TALK

The Bay Area Housing Market Slowing – But “Affordable” Segment Still Going Strong August, 2016 EXECUTIVE SUMMARY • Home sales slowed across the Bay Area from last year, but not uniformly. • Slower sales are most evident for homes priced less than $1 million as a result of rising average sale prices over multiple years
Read more +09 August 2016 By Joe Kehrig in Community Blog

Real Estate Roundup: Homes in Good School Districts Are Worth Much More, Study Says

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. TOP SCHOOLS EQUAL TOP-DOLLAR HOME VALUES Homebuyers with children covet access to excellent elementary schools due to the high quality of life tied to education, but there’s also a significant financial benefit of purchasing a home in a good school
Read more +08 July 2016 By Joe Kehrig in Community Blog

Real Estate Roundup: The Impact of Presidential Elections on California’s Housing Market

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. ELECTION YEARS HAVE MINIMAL IMPACT ON GOLDEN STATE HOUSING Although the upcoming U.S. presidential election has caused some economic uncertainty in recent months, it shouldn’t have a huge effect on California’s surging housing market if past years are any indication.
Read more +09 June 2016 By Joe Kehrig in Community Blog

Real Estate Roundup: Bay Area Home-Flipping Rate in Line With U.S.

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. U.S. HOME FLIPPING SURGES IN FIRST QUARTER U.S. home-flipping activity rose to its highest level in two years in the first quarter, with the number of such transactions in the Bay Area only slightly lower than the national rate. In
TOP