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Posts On Bay Area’s Real Estate

Zillow’s iBuyer Offering Will Shortchange Home Sellers

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April 16, 2018 by Mark McLaughlin • Posted in Featured Posts, Pacific Union Insights   There was a time in the not-too-distant past that I wrote about Zillow, trust, and our industry’s relationship. I have matured in my perspective from thinking that Zillow would be the real estate industry’s friend and ally. That thinking was flawed, and looking back, I was…

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U.S., Silicon Valley Home Affordability Conditions Worsen in the First Quarter

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April 12, 2018 by Pacific Union • Posted in Featured Posts, Market Conditions Sixty-eight percent of U.S. housing markets were not affordable for workers earning the average wage in the first quarter. No California county is currently considered affordable. Marin County remains one of the least affordable in the U.S., with more than 100 percent of average wages needed to…

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Most Americans Believe They Are Adept at Home Repairs — Particularly Millennials

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April 11, 2018 by Pacific Union • Posted in Featured Posts, Industry Surveys & Studies Millennials are more likely than other generations to consider themselves handy around the house. Millennials are also more likely to undertake repairs themselves than baby boomers or Gen Xers. Nearly one in five millennials cannot discern a flat-head screwdriver from a Philips-head screwdriver. Millennials are…

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How Much Do You Need to Earn to Live in Each Bay Area County?

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April 3, 2018 by Pacific Union • Posted in Featured Posts, Real Estate News While mortgage or rent payments will constitute the biggest expense for most Bay Area residents, there are of course many other cost-of-living factors to consider. Using the Economic Policy Institute’s Family Budget Calculator, which determines how much money a household must make each year to maintain an…

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Most Homeowners Are Planning a Remodeling Project in 2018

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Most Homeowners Are Planning a Remodeling Project in 2018 April 4, 2018 by Pacific Union • Posted in Featured Posts, Industry Surveys & Studies, Real Estate Trends Fifty-eight percent of homeowners will funnel money into a home-improvement project this year, according to a recent poll. For the fifth straight year, outdoor renovations are the most popular with homeowners in 2018. Twice…

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Real Estate Roundup: California Housing Markets Posted the Nation’s Biggest Equity Gains in 2017

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April 9, 2018 by Pacific Union • Posted in Featured Posts, Weekly Real Estate News Roundups Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. TAPPABLE HOME EQUITY CLIMBS TO ALL-TIME HIGH The U.S. housing market saw tappable equity increase by the largest dollar amount on record last year, with San Francisco and Los…

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