Home equity is at a record high. Here’s how to tap it
Thanks to the runup in housing prices, homeowners now have more than $32 trillion in home equity as of the first quarter of 2024, according to the St. Louis Federal Reserve …
Home sales
Home on the 18th fairway of Pebble Beach Golf Links sells for record $45 million
PEBBLE BEACH – The sale of a home in Pebble Beach with million-dollar views marks the highest sale in Monterey County history at $45 million. Tim Allen of the Tim …
Marin median house price dips to $1.6 million and sales rise
The median price for a detached home in Marin was $1.6 million last month, a decline of $10,000 from the prior July, according to new data from the county assessor’s …
The case for a 40-year mortgage
Homeownership has long symbolized the American Dream, embodying stability, wealth creation, and community investment. Yet, for millions of Americans, especially younger generations and first-time homebuyers, that dream is slipping away. …
California’s rules for homebuyers, sellers are changing: what to know
The real estate industry was set to implement new rules on Saturday that will shake up what agents get paid for the sale of a home — and by whom. …
Going to an open house? Now you might have to fill out a form, per new homebuying rules
So much is changing about the way people buy and sell homes since the National Association of Realtors reached a settlement over commissions earlier this year. That includes open houses. …
How will homebuying’s commission mess end? Wall Street offers a clue
The home-selling business is by no means the first financial-service industry upended by a forced change in how commission-based transactions are paid. It was almost a half-century ago – May …
Bill would limit California homebuyer contracts to 3 months
California lawmakers are considering a bill that would limit homebuyer-agent contracts required under the national Realtor settlement to three months. If the bill passes, California would become one of at …
Mortgage interest rates fall to lowest level in over a year
Mortgage rates this week fell to the lowest level in 15 months, an encouraging sign for Bay Area homebuyers eager for relief. The average rate for a 30-year fixed-rate mortgage …
Are cheaper mortgages bad news for California’s housing market?
Falling mortgage rates should come with a warning label stating: “Be careful what you wish for!” This summer’s cheaper home loans ignited real estate buzz suggesting California’s two-year homebuying slump …