There were almost too many local, national and international political, economic, social and ecological factors impacting the 2018 market to count. In the first half of the year, market conditions were very hot, and there were strong year-over-year appreciation rates. Come summer/early autumn, real estate and financial markets began to shift distinctly cooler. Looking at …

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The big political issue facing the market is CA Prop 10, which, if passed in November, repeals the limits on local rent control laws enacted in the Costa-Hawkins Rental Housing Act. This would almost certainly have negative ramifications for owners of multi-unit residential properties in San Francisco and Oakland. The CA Legislative Analyst Office does …

Continue reading “The Multi-Unit Residential Property Markets of San Francisco, Alameda & Marin Counties”

We are pleased to announce that Paragon Real Estate has joined forces with Compass in order to deliver a new level of support and service for our clients. Founded in 2012, Compass is a real estate technology company now operating in 30 regions with over 90 offices across the United States, including New York City, …

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Consumer confidence is still soaring, and buyers continue to push aside concerns regarding recent financial market volatility, federal tax law changes affecting Bay Area homeowners, and interest rate increases, to fuel strong markets throughout the Tri-Valley area. In Q1 2018, the Tri-Valley median house sales price of $939,500 was 7.3% above the Q1 2017 price …

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The chart below illustrates year-over-year changes in home values using the 3-month period of December, January and February sales: 6.4% appreciation in median sales prices and 11.5% for dollar per square foot values since last year. The usual reason why median price and price per square foot appreciation rates diverge like this is because the …

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While waiting for final data on the feverish 2017 real estate market to arrive, we thought to step back from homes and, instead, look at the people who live in them. Compiled solely for your entertainment and, perhaps, mild edification. Depending on data source, these analyses pertain to Diablo Valley and Lamorinda, Contra Costa County or …

Continue reading “What You May Not Know about Diablo Valley & Lamorinda, Contra Costa County & the San Francisco Metropolitan Area”

Median Home Price Appreciation Trends Average Dollar per Square Foot Values Market Overviews Luxury Home Sales Market Statistics by City Median House Price Appreciation Rates since 2011 Percentage of Listings Accepting Offers The higher the percentage the hotter the demand. Average Days on Market Generally speaking, the fewer the days on market, the stronger the …

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