One lucky owner now enjoys one of the finest estates in Lake Tahoe. Pacific Union International starts the year off representing the buyer on this stunning Lake Tahoe estate, selling for an astonishing $7,500,000. This luxurious mansion was architecturally designed and constructed in 2007 making it a one of a kind Tahoe retreat as […]
Below, Pacific Union offers our perspective on some key U.S. economic and housing market trends that we believe will play out in the coming year. For a longer-term forecast for Bay Area housing markets over the next three years, read our recap of Pacific Union’s Real Estate and Economic Forecast to 2020, which was held in […]
About 60 percent of millennials and Americans aged 73 and older prefer living in communities in which they can walk to amenities. More than half of those surveyed believe that living in a walkable neighborhood is key to their satisfaction. Regardless of age bracket, one-third of Americans believe that living near public transportation is important. […]
Pacific Union is pleased to announce that we’ve united with Los Angeles-based brokerage Gibson International, the next step on our journey to becoming the ultimate California company. Co-founded by President Scott Gibson and Executive Vice President Pat Heller, Gibson International adds 160 of Southern California’s top real estate professionals and a projected $1 billion of […]
More housing supply is expected to hit the market by next fall, though the inventory of starter homes will be slower to improve. The U.S. median home sales price is projected to increase by 3.2 percent in 2018, down from 5.5 percent this year. Home prices in the are projected to increase by a respective […]
Executive Summary: The Wine Country wildfires are estimated to have destroyed about 2,800 homes so far, or about 5 percent of Santa Rosa’s housing stock. The current property damage approaches $4 billion. With rents and home prices already growing robustly, there will be further pressure on prices given the region’s already tight inventory. City and […]
Just because summer is ending doesn’t mean there aren’t plenty of things to do across the Bay Area and the Lake Tahoe region. We’ve curated a list of the many festivals and events recommended by our local offices. Have a great autumn! Contra Costa County/Tri-Valley Lafayette Art & Wine Festival, Lafayette Held each year on […]
Nationwide, the median single-family home price grew by 6.2 percent year over year in the second quarter to reach a new peak of more than $250,000. Annual appreciation in the Bay Area’s two largest metropolitan areas outstripped the U.S. rate — San Jose (9.1 percent) and San Francisco (8.6 percent). San Jose and San Francisco […]
Don’t let unexpected costs surprise you when you’re ready to close on the home of your dreams. Find out what they are in Pacific Union’s latest weekly Real Estate Roundup.
Golden State homes should appreciate at almost double the national rate by next spring, although price growth and increasing rental costs do not bode well for affordability.