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.

What's On 'KLH?

Make Your Bowl Game Picks!

CollegeBowlGame_Challenge2014_int_wp

Make your college bowl game picks for a chance to win a $250 Dickey’s gift card!

Hire Me MKE

HireMeMKE_620x400

Looking for a job around the Milwaukee area? Check out some openings>>

Wanna Play DJ?

HEYMOM

You can host your own show Sunday night at 6 on ‘KLH!

Recent Headlines

in Sports

Monday’s Sports Minute

Fresh
lebron

Here is a look at some of today's big sports stories, on Monday, Dec. 22.

in National

Cuba’s famed cigars get a foot in door of U.S. market

Fresh
cigars

Cuban cigars are considered by many as the best in the world.

in Entertainment, National

Obama: Sony hack not an act of war

Fresh
interview

President Barack Obama says the massive hacking was not an act of war but instead was cyber-vandalism.