Tricia Soliz and Michael Hall Deliver Extraordinary Results in Mercury News Story
July 21, 2016
The median price for single-family homes in the Bay Area set yet another record last month, reaching $755,000.
But even as the price tag went up, the number of sales went down, reflecting what by now is an all-too-common refrain in the region’s housing story: high cost, low supply.
“People are struggling to afford a home, and not finding it,” said Andrew LePage, research analyst for CoreLogic, the real estate information service that assembled the data.
June marked the fourth straight month of year-over-year declines in the number of houses sold in the nine counties. In some counties, the trend toward declining sales was even more pronounced. On a year-over-year basis, sales dipped for the fifth month in Santa Clara, San Mateo and Alameda counties. In Contra Costa County, sales were down year-over-year for the third straight month.
Read the article at The Mercury News