San Mateo County Sees Drop In Home Inventory, Dramatic Rise In PricesIt’s a seller’s market in the Bay Area right now. Inventory is low, particularly in San Mateo County.
Bay Area House Prices Rebound To 2007 ValuesDataQuick said Wednesday that the median sales price for new and existing houses and condominiums reached $579,000 in March, up 7 percent from $540,000 the previous month and up 23 percent from $470,000 in March 2013. It is the 24th straight annual increase and the highest level since December 2007.
Bay Area Home Prices Cool As Inventory Creeps HigherA research firm says San Francisco Bay area home prices cooled last month as inventories grew and investor interest declined.
Drop In Bay Area Inventory Squeezes 1st-Time Home BuyersDespite low mortgage rates and attractive prices for starter homes in many pockets of the Bay Area, plenty of first-time home buyers are finding the door closed to them, nonetheless.