News

In San Fran, a million won’t buy you much

In San Fran, a million won’t buy you much

COST OF LIVING: George Limperis, a Realtor with Paragon Real Estate Group, smiles while walking through the kitchen of a property in the Noe Valley neighborhood in San Francisco, Wednesday, July 30. The median selling price for homes and condominiums hit seven figures for the first time last month. Photo: Associated Press

SAN FRANCISCO (AP) — A research firm says a record number of million-dollar homes were sold in the San Francisco Bay Area during the second quarter, another sign that affording a place to live is a growing challenge for anyone who isn’t tied to the technology economy.

CoreLogic DataQuick said that more than 5,700 homes sold for at least $1 million from April through June, the highest since the Irvine, California-based firm began collecting data in 1988.

More than 1,100 homes sold for at least $2 million in the nine-county region, also a record.

Santa Clara County, in the heart of Silicon Valley, and the city of San Francisco set records for million-dollar sales.

Prices are highest in San Francisco, where the median sales price hit $1 million last month.

Recent Headlines

in Black Friday, Entertainment

‘Frozen’ tops Barbie as top girls’ holiday pick

frozen

The results marked the first time in 11 years that Barbie hasn't held the No. 1 spot in the annual toy survey.

in Music

One Direction makes Billboard history

FILE - This Nov. 26, 2013 file photo shows One Direction members, from left, Harry Styles, Louis Tomlinson, Liam Payne, Zayn Malik and Niall Horan on ABC's "Good Morning America"in New York. A representative for One Direction says the band’s lawyers are dealing with a video showing two band members smoking what the singers referred to as an “illegal substance.” British tabloid The Daily Mail posted a five-minute clip Tuesday, May 27, 2014, of Zayn Malik smoking and speaking with Louis Tomlinson, who is filming.

The British boy band became the only group to score four consecutive No. 1 debuts on the U.S. Billboard 200 album chart.

in Black Friday, Viral Videos

Jimmy Fallon’s favorite #ThanksgivingFails

13-overlay6

Think you've had a rough Thanksgiving? It could always be worse.

in Entertainment

Today in entertainment history: Nov. 27

beatles

A look at some of the Hollywood headlines that made history.

in Black Friday, Entertainment

‘TIS THE SEASON: Holiday specials airing this week

Frosty the Snowman

Here's a look at Christmas classics and new holiday favorites airing this weekend.

Weather

condition Condition: Clear/Sunny
Temperature: 28°
High: 31° - Low: 26°