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The median house sales price is $1,528,000 in San Francisco and $1,590,000 in Santa Clara, based to data provided by Compass. These prices are four times higher than the U.S. median price of $375,700.
Read Next: Real Estate — 10 Housing Markets Buyers Are Flocking To as Rates Drop According to Realtor.com , the cities and areas listed below are the 10 housing markets projected to remain hot ...
The average interest rate on a 30-year mortgage was 6.54% last week, according to Freddie Mac data, up from as low as 6.08% in late September. In the past few days, rates have climbed north of 7% ...
In expensive parts of the country, any mortgage rate savings can help spark buyer interest, said Tim Nguyen, a real estate agent in Santa Clara, Calif., where the median home lists for more than ...
Mayor Ed Lee responded to the shortage by calling for the construction of 30,000 new housing units by 2020, and proposing a $310 million city bond to fund below-market-rate housing units. [36] The goal of 30,000 new units was approved by San Francisco voters in 2014's Proposition K, [ 37 ] and the affordable housing bond was passed in 2015 as ...
A housing supply gap of 6.5 million homes. At its root, inflation is a result of an imbalance of supply and demand. In the housing market, weak inventory was a problem that existed prior to the ...
Get this 'luxury hotel'-like queen set while it's at an all-time low price of just $16
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