Month: August 2018

Bay Area Real Estate: Posts Double-Digit Percent Home Price Gains for the 13th Straight Month

  The median sales price for a single-family home in California was $591,460 in July, down from June’s all-time high but up by nearly 8 percent year over year. The nine-county Bay Area ended July with the median sales price at $980,000, an annual…

Dreamy Home-Providenciales, Turks and Caicos

  Calgon…take me away   Already in its second year of existence, Le Cabanon is looking more elegant than ever. Designed by the Tucson, Arizona-based Rick Joy Architects, the retreat was designed as a single-family vacation home that would slowly become a full-time home….

More Than One-Third of America’s Fastest-Growing Luxury Housing Markets Are in California

August 2018 by Pacific Union • Posted in • The Golden State claims seven of the 20 U.S. counties with the fastest-rising luxury home prices. • Santa Clara County is California’s fastest-appreciating high-end real estate market, with prices up by 14 percent year over…

Pacific Union Launches Private View™ in Northern California

Pacific Union is pleased to share the news that we have launched Private View™ in Northern California, an exclusive Web portal that enables both buyers and sellers to privately view before they are widely marketed to the public. The first tool of its kind…

Home Of the Day Cupertino, California…..Archetype in minimalism

  Once thought of as an impossible site in the steep hills over Cupertino. Deemed unbuildable for generations.  It would have been built on if it were possible. The site was so difficult that even the owners’ chosen architect, Craig Steely, known for tackling challenging…

Whats the State of the Real Estate Market ? Here are some answers …

  Here are talking points about the current state of the housing market.  Please let me know if you have questions. State of the Housing Market – August 2018 Home price appreciation RATE has started to slow – meaning they are increasing at a…

Finally, More Bay Area Housing Inventory Arrives After 16 Months of Declines

August 14, 2018 by Selma Hepp • Posted in Economic Straight Talk, Featured Posts, Pacific Union Insights Executive Summary: The Bay Area’s decline in home sales (including single-family and condominiums) improved in July, with only 3 percent less activity year over year after a 13 percent decline in June. Compared…

10 islands you should visit in your lifetime [ part 1 of 10]

Lofoten Islands in Norway Visit Norway’s Lofoten Islands, where you can “sleep in a little cabin, go fishing in the day then watch the Northern Lights from a hot tub.” From sandy beaches to crystal clear waters, you may think you’ve seen it all…

The Bay Area’s 10 Fastest-Appreciating Housing Markets: Q2 2018

August 1, 2018 As in our first-quarter analysis of Bay Area housing markets that posted the largest annual price gains, most of the 70-plus communities in which Pacific Union operates saw annual appreciation in the second quarter. Silicon Valley communities continued to experience significant…

BAY AREA REAL ESTATE MARKET UPDATE

The Mid-Peninsula’s average sales price reached $1.924 million this quarter, setting a new 10-year record high for the area. San Mateo County’s average price point rose 23 percent from the previous year, 8 percent from the previous quarter, and 7 percent from the previous record of…