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What's Fueling the So-Called Housing Boom?
Experts say real estate is in the midst of the perfect financial storm. Interest rates are at record lows, there are fewer houses on the market, and now there’s a demographic shift among first time buyers. Vikki Vargas reports for NBC4 News at 5 p.m. on July 22, 2021.
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With Housing Inventory Low, Buyers Will Continue to Pay More for Their Dream Home
The pandemic has boosted housing prices around the country, and experts don’t see any sign of things changing.
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Home Sales Dip for 3rd Straight Month, Adding to Sky-High Housing Prices
Sales of existing homes fell for the third straight month in April as the number of properties for sale hit a record low, driving prices to new highs.
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Ready to Buy a Home? the Trick Is Finding Or Affording One
Homebuyers are facing the most competitive U.S. housing market in decades this spring
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Pandemic, Recession Continue to Drive Drop in Bay Area Rent Prices
The Bay Area rental market, which has long been among the most expensive in the nation, is now seeing the steepest drops in the nation.
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Looking to Buy A House During the Pandemic? Wait In Line
Back in April, NBC 7 reported the coronavirus had hit the local housing market. Listings plummeted and homes on the market were taking longer to sell.
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SoCal Sees Slight Gains in Housing Affordability
Housing affordability improved slightly in all Southern California regions in the second quarter of 2020, although higher home prices and lower household income dampened the statewide picture, the California Association of Realtors said Wednesday. In the Los Angeles metro area, 32% of residents could afford to purchase the $581,000 median-priced home in the second quarter, up from 31% in the…
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Photos: ‘The Golden Girls' House Hits the Market For $3 Million
A piece of Hollywood history from a show about four women who shared a friendship in Miami is on the market in Los Angeles’ Brentwood neighborhood. The house used in the NBC sitcom “The Golden Girls” is up for sale – but it will cost you $3 million. This four-bedroom, four-bath house is located in the Brentwood area of Los Angeles.... -
Coronavirus Will Shrink US Home Prices by 2-3% in 2020: Zillow
Home prices have only fallen nationally once since the Great Depression, and that was following the subprime mortgage crisis and the Great Recession. Now, barely eight years after hitting bottom, and after a mighty recovery, prices are predicted to fall nationally again, down 2-3% this year, according to Zillow.
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Coronavirus Pandemic Makes Selling Homes Difficult, Professionals Say
Many agents are relying on virtual tours to showcase houses, since the stay-at-home order prohibits in-person visits. Lolita Lopez reports for the NBC4 News at 5 p.m. on Thursday, April 9, 2020.
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Most Bay Area Residents Have a Desire to Stay: Study
Despite what you might have heard, the Bay Area is not full of people looking to move somewhere far away. In fact, a new study shows that local people are mostly hoping to stay local even with the area’s expensive housing market. San Jose teacher Natasha Singha said if she had a choice, her next move wouldn’t be far...
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