Real Estate Roundup: Tight Inventory Drives Bay Area Prices Up, Sales Down in September

The Moore Group October 31, 2017

Tight Inventory Drives Bay Area Prices Up Sales Down in September

Tight Inventory Drives Bay Area Prices Up, Sales Down in September

Despite fewer properties on the market than there were at the same time last year, California home sales increased modestly in September. Here in the Bay Area, which has the state’s most severe inventory drought, the opposite held true, as sales dropped throughout much of the region. Get the latest facts and figures at http://pacunion.us/2y2uDi9

Bay Area Unemployment Rates Fall to Lowest Levels Since May

Hiring bounced back in California in September, while the state’s unemployment rate held steady at 5.1 percent. Pacific Union Chief Economist Selma Hepp examines the latest job numbers and trends in our exclusive report, online at http://pacunion.us/2zMKnD1

Bay Area Pending Home Sales Down for the 12th Consecutive Month

Inventory shortages once again caused Bay Area pending home sales to drop in September, a trend that also played out in California and the U.S. For details, head tohttp://pacunion.us/2lltjkA

San Francisco Again Named America’s Greenest City

California dominates the upper rankings of an annual list of environmentally conscious cities, with San Francisco ranking in the top spot for the second year in a row. Read more athttp://pacunion.us/2yO5O96

Real Estate Roundup: Bay Area Still Claims the Nation’s Three Hottest Housing Markets

San Jose remains the nation’s most in-demand real estate market as October winds down, while Bay Area cities have the country’s lowest eviction rates despite sky-high rents. Check out these and other housing headlines of note in Pacific Union’s weekly Real Estate Roundup. It’s online at http://pacunion.us/2lo8J2Y

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