Bay Area sees lowest October home sales volume in 15 years - Silicon Valley Business Journal

The Bay Area has just endured its lowest high season in more than a decade. reveals that not only were overall Bay Area real estate sales statistics bad for October, they were actually historically bad. Compass Chief Market Analyst Patrick Carlisle said that in the 11-county, greater Bay Area, this October had the lowest number of home sales for that month since 2007.

, also representing the worst October in city sales since 2011. The glut of sales last month occurred in the Sunset, Eureka Valley, Noe Valley and Excelsior and Portola neighborhoods. "The economy and housing market remain in a period of adjustment, causing many to be more cautious as they wait to see how things will settle out," Carlisle said."However, the next couple months, during the mid-winter slowdown, are typically the optimal time for buyers to aggressively negotiate the best prices."

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Bay Area sees lowest October home sales volume in 15 years - San Francisco Business TimesEconomic conditions in September and October continued to nosedive and so did real estate sales in San Francisco. Here's how much they were down in October compared to the previous year.
Bron: SFBusinessTimes - 🏆 78. / 68 Lees verder »

What Twitter's layoffs mean for Bay Area tech workers - Silicon Valley Business Journal'This is going to ripple throughout the tech industry,' says Meredith Firetog, a partner at the lawfirm Sanford Heisler Sharp.
Bron: svbizjournal - 🏆 334. / 59 Lees verder »

Silicon Valley Business Journal seeks nominations for Power 100 list - Silicon Valley Business JournalEarly next year, the Journal will be unveiling the Power 100, a list of Silicon Valley's 100 most important and influential people. We need your help finding them.
Bron: svbizjournal - 🏆 334. / 59 Lees verder »