Inventory Shortages Continue to Drive Bay Area Housing Prices.

While the most recent Gallup poll indicates that the rising price of gas has impacted confidence in the U.S. economy, a February report by Fannie Mae shows that Americans are still growing optimistic about their ability to find a home, get a mortgage, and become homeowners. But in California — where inventory has been consistently low and many buyers have had a difficult time purchasing homes — a question arises: Is this optimism finding its way into Bay Area real… read more →