Chris Thornberg, founding partner of Beacon Economics, said businesses will eventually follow, as many people with jobs in San Francisco and Silicon Valley have already moved to the East Bay.
Usually it’s sellers who take out real estate ads, but in the Bay Area’s searing hot housing market, one Berkeley couple fed up with being outbid has resorted to advertising the millions in cash they’re ready to spend on a dream home.
With the Bay Area real estate market red hot, it’s hard to believe that houses were once sold for five figures. KPIX 5 reporter Juliette Goodrich went back to the East Bay home she grew up in to explore how the market has changed.
Real estate website Zillow released a report Monday night that shows home prices in dozens of Bay Area cities have hit pre-recession levels. Experts said prices are likely to keep going up for the foreseeable future.
Bay Area home prices are increasingly unaffordable, and a change in mortgage rates could dramatically worsen the crisis.
A research firm says San Francisco Bay area home prices cooled last month as inventories grew and investor interest declined.
A research firm says home prices in the San Francisco Bay Area began to cool off last month after a torrid run.
If you’re planning on purchasing a home in the Bay Area soon, you may be up against steep competition.
California home prices surged to their highest level in more than five years last month as demand outpaced a thin supply of properties, a research firm reported Thursday.
A research firm says the Bay Area’s median home price surged 17 percent in just one month, to pass the half-million dollar mark for the first time in five years.