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Blog Archives: May 2017

SF Market Report - May 2017

May 22, 2017
San Francisco’s continued hot housing market reflects the incredibly strong full- employment economy that the Bay Area and the U.S. is experiencing. Not only is unemployment in San Francisco historically low (3.3%), but also the number of employees who are involuntarily part-time is falling and older workers are remaining in the work force longer. The impact of all of this very healthy jobs data is twofold: continued strong demand for our high-priced San Francisco housing; and fewer older workers retiring and moving out of the city. In ...

Napa Market Report - May 2017

May 22, 2017
Napa’s continued hot housing market reflects the incredibly strong full-employment economy that the Bay Area and the U.S. are experiencing. Not only is unemployment in in Napa at just 4.5%, but the number of employees who are involuntarily part-time is falling and older workers are remaining in the work force longer. The impact of this very healthy jobs data is twofold: continued strong demand for Napa housing; and fewer older workers retiring and moving out of the area for retirement. In fact, the number of new single family homes listed ...

Marin Market Report - May 2017

May 22, 2017
Marin’s continued hot housing market reflects the incredibly strong full-employment economy that the Bay Area and the U.S. are experiencing. Not only is unemployment in Marin at just 4.2% but the number of employees who are involuntarily part-time is falling and older workers are remaining in the work force longer. The impact of this very healthy jobs data is twofold: continued strong demand for Marin housing; and fewer older workers retiring and moving out of the area. In fact, the new number of new single family homes listed for sale ...

April 2017 San Francisco Market Report

May 12, 2017
Michael Minson
The employment landscape and wages have both improved over the last few years, allowing for more people to participate in the home-buying process. View the full report here. When the economy is in good working order, as it is now, it creates opportunities in residential real estate, and right now is a potentially lucrative time to sell a home. Houses that show well and are priced correctly have been selling quickly, often at higher prices than asking. New Listings were down 27.0 percent for single family homes and 36.0 percent for ...