Buyer purchasing power has plummeted 25% with interest rate hike
The abundance of mortgage money available to homebuyers has quickly dried up – and the drought will only worsen.
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Author: Carrie B. Reyes
California’s pandemic population decline — a mere blip, or a troubling trend?
California’s high housing costs are pushing out many former residents to states where their money goes further – but some counties are still coming out on top.
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How to prepare for the REO resurgence
Agents and brokers who want to make a decent living in the leaner years ahead will prepare now for the return of real estate owned (REO) properties.
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March 2022 California home sales volume: the slow, agonizing death of buyer enthusiasm
Along with a deep cut to home price potential, 2022’s rapidly rising interest rates are causing sales to stall.
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Local governments try to dodge California’s single family zoning ban
Designating landmark districts and wildlife sanctuaries are just some of the ways towns are attempting to avoid the new, looser zoning laws.
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