Real Estate Roundup: Pacific Union’s February 2017 Napa Real Estate Update

The Moore Group March 14, 2017

Napa County February 2017 Real Estate Report

Pacific Union’s February 2017 Napa Real Estate Update

Annual price appreciation was flat in Napa County, with the median sales price ending February at $657,000. The region had a 3.8 months’ supply of inventory, the highest level since last August. Get a handle on current market conditions with Pacific Union’s latest monthly real estate update. It’s online at http://pacunion.us/2m3R3po

Bay Area Home Sales Continue to Decline in February, but Signs Point to Strong Spring

As in January, Bay Area home sales declined year over year in February, though recent open-house activity in one local county suggests another busy spring. Pacific Union Chief Economist Selma Hepp has an expert, in-depth analysis of the latest real estate statistics in a new Straight Talk column. You’ll find it only at http://pacunion.us/2maIdGe

Recent Job Reports Offer Optimism for 2017

Pacific Union Chief Economist Selma Hepp offers her perspective on the most recent U.S. and California job reports. Read the analysis at http://pacunion.us/2n2bg2l

The U.S. Economy Is on Pace for Record 10-Year Growth, Forecast Says

The economy is expected to continue its expansion over the next three years, marking the longest stretch of prosperity on record, although there is a substantial risk of a recession by 2021. For more information, go to http://pacunion.us/2mDaoBn

Bay Area Suburbs Are Back on Top of Real Estate’s Hot List

U.S. homes remained a sought-after commodity in February – typically a slow month for real estate activity. That was certainly the case here in the Bay Area, where homes sold at the quickest clip in the nation. Read more at http://pacunion.us/2mcOhiv

Real Estate Roundup: Silicon Valley Is Still the Most Profitable U.S. Market for Home Flippers

Home flippers in three Bay Area cities pulled down profits in excess of $100,000 last year, while Americans’ confidence in the housing market has climbed to a new high. Peruse the latest headlines of note in our weekly Real Estate Roundup. It’s on the Pacific Union blog at http://pacunion.us/2mv87qT

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