2018 Annual Fall Conference: Real Estate and Appraisal Symposium
The Pacific Appraisers Team will be attending the 2018 Northern California Appraisal Institute Annual Fall Conference. Location: South San Francisco Conference Center, South San Francisco 2018 marks the 68th consecutive year that the Northern California Chapter has presented its award-winning Annual Fall Conference. Fall Conference is the real estate appraisal profession’s longest-running and highest-rated one-day continuing education & […]
Key California housing bills enter the home stretch
State lawmakers are now making moves to alleviate California’s soaring rents and home prices. The bills being deliberated cover permanent housing for the homeless, new zoning rules to allow apartments on BART parking lots, and workarounds for the $10,000 federal cap on state and local tax deductions. Assembly Bill 2162 would fast-track housing developments for […]
Thousands of long-awaited homes are coming to Folsom.
The most anticipated new housing community in the Sacramento region goes “vertical” next week south of Highway 50 in Folsom with the construction of model homes, followed by homes for sale. The project site is massive at 3,300 acres, just south of the freeway and north of White Rock Road, between Prairie City Road and […]
Where the candidates for California governor stand on Housing
Huntington Beach Assemblyman Travis Allen, Republican: Allen has a goal for developers to build at least 1 million new homes in his first four years as governor. He believes the state needs to strip away many of the regulations around home building, which he says would allow developers to increase the housing supply. He doesn’t support […]
Merced is California’s fastest growing county
More people are moving into Merced County and the housing market is having trouble keeping up with the growth. The California Department of Finance reported that the county is the fastest growing in the state. The report showed that more than 4,000 people moved into Merced County last year. The state department shows the county […]
SF Bay Area Metro Cities Ranked By One Bedroom Rent
The Most Expensive San Francisco, CA rent, similar to last month, remained at $3,400 and as the most expensive in the metro. Mountain View, CA was second with rent climbing $10 to $3,110. Emeryville, CA ranked as third with rent at $2,790. The Least Expensive Vallejo, CA rent dropped $70 to $1,420 and continued to […]
Can Legislation Lower California exorbitant Real Estate Prices?
Through shifting control of land use policy from local to regional governments, Senate Bill 827 wants to reduce the Golden State’s cost of housing. State Senator Scott Wiener, the movement’s champion in the California Senate, has proposed a new bill SB 827, that, if passed, would compel California cities to allow dense, mid-rise housing within […]
Mortgage Rates Surge to Highest Since 2013
Mortgage rates surged to their highest level in almost five years this week. Unlike the extremely mild and uneventful day-to-day changes seen for most of the past 2 months, rates are actually putting some distance between themselves and the March plateau. Whereas a well-qualified borrower with 25% down may have been quoted a conventional […]
Bay Area trend – low earners move out, high earners move in
New residents to the Bay Area are earning far more than the people they’re chasing out, pushing up home prices and highlighting the gap between owners and renters in Silicon Valley. Lower income workers moving out of the Bay Area were being replaced by younger workers making about $12,640 more annually from 2005 to 2016, […]
In these California cities, houses probably earn more per hour than you do
Houses in San Francisco earn more per hour than most of their owners – or anyone else, for that matter, – do at work, a new report finds.A study released by real estate site Zillow finds that houses in the Bay Area city typically appreciate at a rate of $60.13 for each working hour, calculated […]
