Real Estate Roundup: Bay Area Homes Selling Fast This Spring

Recent news of interest to homebuyers, home sellers, and the home-curious includes statistics that show that homes in San Jose, San Francisco, and Santa Rosa are selling at a faster pace than anywhere else in the country. Also, a look at how California's drought could impact much-needed housing construction.

SAN FRANCISCO HOME PRICES UP MORE THAN 100 PERCENT SINCE TROUGH

Home prices in the San Francisco metro area have cooled substantially on an annual basis but are up big since the bottom of the market, a recent RealtyTrac report says.

Home prices in the San Francisco-Oakland-Fremont region increased by 10 percent year over year in February compared with the 30 percent annual appreciation recorded one year ago, according to the company. Still, prices in the region have grown by 115 percent since the market’s trough, the third largest such gains in the U.S.

Get all the week’s top news at https://compasscaliforniablog.com/real-estate-roundup-bay-area-homes-selling-fast-this-spring