“There is no doubt that prices in California continue to be among the highest in the nation, buoyed by steady demand and a healthy economy. A recent report delivered a dose of good news, however, showing that rising wages and seasonal price declines have helped to stabilize California’s housing affordability.”
Hoping for more inventory? Then you may want to avoid this post.
I’ll bet that got your attention. Sorry folks. That headline is probably older than you are. But it can happen again. In fact, it almost certainly will.
The San Francisco and San Jose Statistical Metropolitan Areas ranked first and second in housing market hotness this January, according to realtor.com. And there’s a sleeper in the top 20 hot list too.
“Saving for a down payment can often be challenging for first-time homebuyers, particularly in high-cost areas like Northern California, and it is likely an issue that most consumers carefully weigh before the housing hunt begins.”
Pop psychology says the middle child is often overlooked in favor of the accomplished, mature firstborn and cute, needy lastborn. The middle child gets lost in the shuffle, and develops a severe inferiority complex.
The survey reveals that the vast majority of Americans who have smart home products – controlled remotely by a smartphone, tablet, computer or by a separate automatic system within the home itself – want voice control.
Historically, Silicon Valley real estate prices decline in December, as does activity. But December 2016 was brisk enough for most sub-markets covered by this newsletter to rate at least a “warm” rating, and two earned “red hot”.