Pro Builder

AUGUST 18, 2022

The Housing Market Is Rebalancing, and Those Who Can Still Afford Homes Are Poised to Benefit. home value now averages $357,107, but home values measured by the raw Zillow Home Value Index fell from June to July in 30 of the 50 largest metro areas, and more could soon follow as the housing market rebalances. Thu, 08/18/2022 - 10:50.

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San Jose San Francisco Housing Metro 98

Construction Superintendent Magazine

NOVEMBER 16, 2015

SAN JOSE, Calif. -- Sundt Construction, Inc. and San Jose State University held a topping-out ceremony recently for the new Campus Village Phase II complex located in the heart of the San Jose State University campus in San Jose, California.

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San Jose California Housing Concrete 40

Construction Dive

JANUARY 19, 2018

Lack of affordable housing and traffic congestion were at the heart of the disagreement between Santa Clara and San Jose.

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San Jose CA Housing 80

Pro Builder

MARCH 11, 2022

homes were valued at $1 million or more in February, and some metros are reporting a majority of total housing stock in the million dollar range, Forbes reports. Housing Markets. Housing Markets. A record 6 million U.S. New-Home Sales.

San Jose 105

San Jose San Francisco Inventory Metro 105

Pro Builder

APRIL 17, 2023

An updated analysis of Zillow Home Value Index data revealed that just 23% of those markets saw a month-over-month home price decline in March, compared with 79% of markets that saw price declines at the height of the housing correction in September 2022, Fortune reports. Read more Housing Markets Affordability Housing Markets

Housing 72

Housing San Jose US Metro 72

Pro Builder

MAY 26, 2022

Gen Zers Are Entering the Housing Market as First-Time Buyers, but Where Are They Searching? As large metro areas become more expensive, young homebuyers are searching for affordable housing in midsize cities. At the bottom were the notoriously expensive coastal cities of San Jose, Calif., New York and San Francisco.

San Jose 78

San Jose Housing San Francisco Oklahoma City 78

Pro Builder

MARCH 27, 2023

As the East Coast Booms, Home Prices Are Falling in the West ldeakins Mon, 03/27/2023 - 11:50 After a two-year housing boom, the U.S. has seen unprecedented price gains and fast-paced buyer activity, but as a housing correction takes hold, some markets are seeing bigger changes than others. On the contrary, the Eastern half of the U.S.

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San Jose San Francisco Raleigh Nashville 98

Pro Builder

JUNE 5, 2023

is battling a severe shortage of for-sale housing, leading to frenzied bidding wars, inflated home prices, and a stalemate between wary buyers and sellers. Inventory remains tight in cities such as San Jose, Calif., Read more Housing Markets Sales Market Data + Trends Housing Markets and Hartford, Conn.,

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Inventory San Jose US Nashville 98

Pro Builder

APRIL 6, 2023

had the lowest share, just 19 percent, followed by San Jose, Calif., But in 2022, millennial homeowner households outnumbered millennial renters with a majority of 51.5 percent, The New York Times reports. The largest share was found in Midland, Texas, where 82 percent owned, followed by Provo, Utah, where 76 percent did.

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San Jose Metro Utah New York 98

Pro Builder

JUNE 17, 2021

Pandemic Exposed Deep Housing Issues, Says Harvard Report. The pandemic exposed the housing industry’s long standing shortfalls, and although construction ramped up to historic levels this year, there’s a long way to go. In San Jose, that ratio stood at 10.9, cbroderick. Thu, 06/17/2021 - 10:40. A Windfall for Some .

Housing 66

Housing San Jose Income Metro 66

Pro Builder

JANUARY 26, 2022

Renters and buyers are searching for even ground as prices in both markets reach record peaks and nationwide housing supply dwindles. In markets like Fort Myers, Florida, warm weather and reasonably priced homes offer an oasis for buyers with comparatively high housing supply and a median home price $50,000 less than in Miami.

St. Louis 98

St. Louis San Jose Miami Equity 98

Pro Builder

MARCH 8, 2022

Buyers are upping the ante to secure fast-selling homes in a heated 2022 housing market. Los Angeles tops the list, followed by Oakland, San Jose, Anaheim, San Francisco, and San Diego. Housing Markets. Homes Have Sold for at Least $100,000 Above Asking Price in 2022. Tue, 03/08/2022 - 10:29. New-Home Sales.

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Los Angeles San Jose San Diego San Francisco 98

Pro Builder

APRIL 18, 2023

Instead, the housing market is showing signs of stabilization. But the housing market isn’t back to normal just yet. booming and places like San Jose, Calif., Read more Housing Markets Affordability Financing Housing Markets caught in correction mode. What’s going on?

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San Jose Housing US Forecasting 52

Pro Builder

SEPTEMBER 23, 2021

Austin, TX; San Jose, CA; Seattle, WA; San Francisco, CA; Los Angeles, CA; and Boston, MA all top the list of housing markets that favor renting. In tech cities, where real estate comes at a very high premium, renting costs less than a monthly mortgage payment for buyers.

St. Louis 105

St. Louis San Jose CA Los Angeles 105

Pro Builder

OCTOBER 11, 2022

Is Your Local Housing Market Headed Toward a Home Price Correction? These overpriced regional housing markets are the most likely to see home prices fall in the months ahead. The first group includes high-cost tech hubs like Seattle and San Jose. Housing Markets. Housing Markets. Tue, 10/11/2022 - 10:37.

San Jose 52

San Jose Housing Seattle Metro 52

Pro Builder

APRIL 19, 2023

For example, in the San Jose metro area, low-income earners have accumulated nearly $630,000 over the last 10 years while middle-income earners gained $643,000. As a result, more households were able to pay off their debts or refinance their mortgages, leaving homeowners with a net worth roughly 40 times higher than that of a renter.

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San Jose Equity Income Metro 94

Pro Builder

JULY 11, 2022

Five of the nation's 10 fastest cooling housing markets are located in California, and three are in the San Francisco Bay Area alone. All 10 of the fastest cooling housing markets are located in the American West, and five are in California, Redfin reports. After San Jose, Sacramento is cooling fastest, followed by Oakland.

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San Jose San Francisco Sacramento Oakland 52

Viewpoint Construction Technology

OCTOBER 31, 2018

An old Victorian house had been sitting vacant for years, so crews came in to begin demolishing it to make way for a new building. The girl was believed to be the ghost of young Margaret Febrey who once lived in the house with her family before she was laid to rest at only 14 years old. Original source here. The Haunted Hall of Fires.

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Construction San Jose Virginia Arlington 182

Pro Builder

MARCH 25, 2021

San Jose and San Francisco were once the Golden State’s hottest markets, but buyers are analyzing their desires and focusing on new emerging markets. Realtor.com’s round up of the hottest housing markets typically included San Jose and San Francisco, but more affordable markets near cities are dominating.

San Jose 52

San Jose San Francisco California Sacramento 52

Pro Builder

MARCH 8, 2021

Spring Housing Market Listings 200,000 Lower Than Average. This spring’s housing market is poised to put 2020’s hectic market to shame as home listings drop 200,000, says CNBC. The only major cities seeing gains in inventory were San Jose, California, and San Francisco and Denver. . cbroderick.

San Jose 52

San Jose Housing San Francisco Oklahoma City 52

Pro Builder

JANUARY 12, 2023

Why Charlotte Could Be the Hottest Housing Market of 2023. With strong home value appreciation and a healthy inventory of for-sale housing, Charlotte, N.C., Housing Markets. Housing Markets. Thu, 01/12/2023 - 11:25. is on a fast track for growth in the year ahead. New-Home Sales.

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Charlotte Housing San Jose Forecasting 52

Pro Builder

SEPTEMBER 20, 2022

As a Home Price Correction Spreads, These Housing Markets Are Seeing the Biggest Changes. After months of rising mortgage rates and slower sales activity, these overheated housing markets are seeing the most significant price reductions. Housing Markets. Housing Markets. Tue, 09/20/2022 - 10:18. and 10.6%, respectively.

San Jose 52

San Jose Housing San Francisco Denver 52

Pro Builder

JUNE 1, 2023

Why Are Developers Building Luxury Condos in Cities Facing an Affordable Housing Crisis? Those new development plans contradict the true reality of housing in most American cities, which continue to battle a worsening affordability crisis. For instance, an empty piece of land in San Jose can cost up to $500,000.

Housing 52

Housing San Jose Income Austin 52

Pro Builder

MAY 18, 2021

Monthly Housing Inventory Drop Improved Slightly in April. Back in March, there were signs of a possible upturn in inventory for the month of April, yet housing inventory dipped 1.4% Some experts predict housing inventory will remain flat before increasing, which may happen in the second half of 2021 through 2022. cbroderick.

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Inventory Housing San Jose San Francisco 52

Pro Builder

JUNE 15, 2023

Gen Zers Are Entering the Housing Market. Gen-Z buyers were least attracted to costly metro areas like San Francisco, New York, and San Jose, Calif., Read more Housing Markets Demographics Housing Markets But Where Are They Going? at 22.4%, and Birmingham, Ala., at 20.8%, The New York Times reports.

San Jose 52

San Jose Housing San Francisco Oklahoma City 52

Pro Builder

OCTOBER 5, 2022

As the Housing Market Inches Toward a Recession, These Metro Areas Are Cooling the Fastest. As a red-hot housing market comes to a close, home sales are plummeting in a number of regional markets across the country, but not all are seeing an equal drop in buyer demand. Housing Markets. Housing Markets. New-Home Sales.

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Metro San Jose Housing California 52

Pro Builder

JUNE 22, 2022

New Affordable Housing Units Cost $1 Million per Apartment to Build in California. Building affordable housing units just got even more costly in popular markets like San Francisco, where subsidized construction projects come with multi-million dollar price tags. Wed, 06/22/2022 - 12:01.

San Francisco 52

San Francisco California San Jose Housing 52

Pro Builder

FEBRUARY 22, 2023

Housing Market Has Lost $2.3 San Francisco took the biggest hit to regional home values with a 6.7% billion drop, and the Golden Gate City was followed by two other Bay Area metros: Oakland (-4.5%) and San Jose (-3.2%). Read more Housing Markets Market Data + Trends Housing Markets trillion to $45.3

San Jose 52

San Jose Housing San Francisco Oakland 52

Pro Builder

APRIL 23, 2021

Housing Inventory Shows Promising Signs of Potential Rebound. Housing inventory began to show its first signs of a rebound in March when stock took a much shallower dip and even increased from February in some markets. cbroderick. Fri, 04/23/2021 - 10:10. For-sale inventory dropped 1.1% metros, according to Zillow’s market report.

Inventory 52

Inventory Housing San Jose San Francisco 52

Pro Builder

DECEMBER 5, 2022

Housing Affordability in California Fell to a 15-Year Low in August, but a Market Correction Could Help. Buying a home in California is anything but affordable after a two-year run-up in regional housing costs, but as the market cools, the Golden State is seeing a complete reversal in home price growth. Housing Markets.

California 52

California San Jose Los Angeles San Diego 52

Pro Builder

JANUARY 26, 2023

annual drop in sale prices in San Francisco, a 6.7% decline in San Jose, Calif., annual drop in sale prices in San Francisco, a 6.7% decline in San Jose, Calif., 15, the median price of a house sold in the U.S. Home prices fell on a year-over-year basis in 18 of the 50 most populous U.S.

San Jose 52

San Jose Housing San Francisco Metro 52

Pro Builder

FEBRUARY 5, 2021

Housing costs are the biggest expense Americans have, with about one-third of the average American salary going toward these. The metro where residents need to make the most and least are San Jose, Calif. Three California cities – San Jose, Los Angeles and San Diego – are included in the 15 largest U.S.

San Jose 52

San Jose Metro San Antonio Los Angeles 52

Pro Builder

JULY 19, 2022

of Redfin users searched for homes outside of their metro areas in the second quarter of 2022 as surging housing costs make cities like San Francisco or San Jose unaffordable and destinations like Tampa and San Antonio more attractive. The typical home in San Francisco or San Jose now costs more than $1.5

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San Antonio San Jose San Francisco Las Vegas 52

Pro Builder

JUNE 21, 2021

Comparatively, advertisements for open houses decreased 42% compared to pre-pandemic 2019 levels. No, in-person open houses are not extinct, but it’s no longer the only way to go. In 49 of the 50 largest metros, open houses were still lower than pre-pandemic levels, with Salt Lake City being the exception. Read More. .

San Jose 52

San Jose San Francisco Metro Housing 52

Pro Builder

MAY 26, 2021

The largest cities, such as San Francisco, New York, and San Jose, are best for renters while Detroit, Memphis, and Milwaukee are top markets for homebuying. San Francisco, New York, San Jose, Seattle and Los Angeles are all in the top 10 of this study, and are all among the most populous cities in the country.

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San Jose San Francisco El Paso Oakland 52

Pro Builder

JULY 26, 2021

Housing Market Outlook: Should Buyers Wait it Out? Should homebuyers consider waiting out the hectic housing market? Buyers who want to avoid bidding wars in these areas should consider putting their home search on pause until the local housing supply grows. Housing Markets. Housing Markets. cbroderick.

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Housing Inventory San Jose New York City 52

Pro Builder

MAY 11, 2022

San Jose, California has the highest price-to-rent ratio of the 50 large cities that we examined. While San Jose also had the fifth-highest average annual rent during that same time period ($2,494), a typical home still costs 42.16 Housing Markets. Housing Markets. times more than a year’s worth of rent.

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San Jose Detroit Metro Cleveland 52