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Climate Change and Bay Area Real Estate

A town in Louisiana is doing something groundbreaking in the face of climate change. Forty residents of Pecan Acres will be the among the first climate refugees in the country, as the state uses some $12 million in federal funds – specifically, community development block grants for disaster relief – to demolish the old homes destroyed in annual floods, and relocate the entire town...

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Flat Home Sales in San Francisco, And What That Really Means

flat-sales-san-francisco-housing-market-meredith-martin

Newly minted millionaires from several anticipated Initial Public Offerings are big news these days in the Bay Area, and anyone paying the least bit of attention knows why. Coupled with the recent drop in interest rates, this anticipation is adding pressure to an already undersupplied housing stock. But according to the data thus far, sales of homes in San Francisco have been flat. ...

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