Offered at $547,000
Sold for $545,000
Great single family home featuring three bedrooms, two baths, a large eat in kitchen, a living room with a fireplace, a rear yard, and an attached garage!
David Barca, Pacific Union’s vice president of our Silicon Valley region, offers his perspective on several trends impacting the region’s superheated housing market.
Although unemployment rates rose across the Bay Area from September to October, our region remains California’s job-growth leader and was responsible for nearly half of the state’s gains last month.
Recent news of interest to homebuyers, home sellers, and the home-curious includes news that Generation Xers will buy more homes over the next three years than will millennials. Also, you might not believe it, but San Jose has been named as one of the U.S. cities where workers can stretch their salaries the furthest.
Home price growth should normalize throughout the Bay Area over the next three years, though demand is likely to remain high based on our region’s economic strength. Get high-level takeaways from Pacific Union’s economic and real estate forecast for 2018, which was presented in partnership with John Burns Real Estate Consulting.