“Many homebuyers dread the [loan] process because they’re unaware of their credit scores.”
An enrollment growth forecast done for a local high school district reports that “the Peninsula’s high cost of living is driving low-income families away from elementary school districts” in some of the mid-Peninsula’s most affordable cities or neighborhoods: Redwood City, East Palo Alto and the Belle Haven area of Menlo Park. But what it doesn’t say may be just as significant.
Chinese real estate portal JinList expects 2016 to be another record year for Chinese investments in both residential and commercial real estate in the U.S.
Looking for the hike in the Fed’s benchmark rate to cool off real estate? Mortgage rates have gone down since then.
“A new report by CoreLogic, the Irvine-based real estate information service company, shows that the Bay Area and national housing markets turned in a strong performance as last year drew to a close and the firm predicts a solid increase in home valuations in 2016.”
These days you hipster/Millennials are “increasingly turning to cities that are relatively affordable and have lots of jobs and maybe even a trendy atmosphere”, according to realtor.com.
“The Bay Area was well represented in Realtor.com’s December ranking of the hottest housing markets in the U.S. with the San Francisco metro area and the San Jose metro area finishing first and second in the report. It was the second straight month that San Francisco and San Jose came in at one and two.”
2015 will be a tough act to follow. Will 2016 be up to the task? I make a few guesses.