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Blog Archives: January 2014 — December 2014

The Newest Housing Trend: Make Room for Mom and Dad

December 08, 2014
Slava Polinkova
For quite a while it seemed that the most remarkable trend in U.S. housing demographics was the homeward migration of the millennial generation – young people who tried to live on their own after four years of college but moved back in with their parents when they couldn’t find jobs. That was during the Great Recession. Today, it’s a different generation that’s getting all the attention: baby boomers. And this time the roles are reversed. Analysts say millennial homeowners are increasingly making plans to accommodate their aging parents ...

Bay Area, State Job Growth Locked in Holding Pattern in October

December 01, 2014
Slava Polinkova
After two months of declines, unemployment rates for the most part held steady across the Bay Area as the fourth quarter began, mirroring California’s flat job growth. According to the California Employment Development Department’s most recent unemployment report, jobless claims across the state were unchanged from September to October, remaining at 7.3 percent on a seasonally adjusted basis. The U.S. unemployment rate dropped to 5.8 percent in October, its fifth consecutive monthly decline. Job growth was equally static throughout most ...

Bay Area Home Sales Perk Up in October

November 24, 2014
Slava Polinkova
November 20, 2014 by Pacific Union • Posted in Home Sales Volume & Inventory Conditions Home sales were flat across the Golden State in October, but here in the Bay Area, we saw a solid uptick in activity, according to a new report. The California Association of Realtors’ most recent home sales and price report says that single-family home sales increased 8.6 percent from September to October in the nine-county Bay Area. During that same time period, sales volume was unchanged in California. In a statement accompanying the report, ...

Bay Area Sees Busiest September for Home Sales in 5 Years

November 10, 2014
Slava Polinkova
Homebuyers across the Bay Area were in the game as the usually brisk fall real estate season began, propelling September sales-volume numbers to the highest level since 2009. According to a new report from CoreLogic DataQuick, Bay Area buyers scooped up a total of 7,443 single-family homes and condominiums across the nine-county region in September, a year-over-year gain of 4.2 percent. It was the busiest September for our local real estate markets in five years, when 7,879 properties changed hands.The company says that both overflow ...

Burlingame Terrace: Up and Comer Goes Prime Time.

November 10, 2014
Slava Polinkova
The quaint Burlingame Terrace neighborhood is transforming right before our eyes from “Up and Comer” to “Prime Time.” This timeless enclave, tucked within a 10 minute walk of Burlingame Avenue and McKinley Elementary, posted its highest sale of all time this summer on Acacia Avenue (pictured) at $2,200,000. While historically viewed as more modest than Burlingame’s luxury hotspots of the Easton Addition and Burlingame Park, Burlingame Terrace has irresistible convenience and charm that will now regularly propel it over the two million dollar ...

Home Safety Tips- Carbon Monoxide

November 06, 2014
Slava Polinkova
Fuel-powered devices can provide wonderful benefits to families when used properly. But they also underscore an important necessity in the home: the need for a carbon monoxide alarm. Carbon monoxide poisoning can result from faulty furnaces or other heating appliances, portable generators, water heaters, clothes dryers, or cars left running in garages. At its worst, carbon monoxide can cause severe side effects or even death. Young children are especially vulnerable to the effects of carbon monoxide because of their smaller bodies....

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