Just 16,900 new and resale home transactions closed escrow in California during February 2023.
California home sales volume crawls higher in February 2023
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Economic Trends in California Real Estate
Learn the 25 economic factors that drive California’s real estate market.
Stay current on the latest news, videos, forms, and updates for Economic Trends in California Real Estate.
Recent updates to the course e-book
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Newly published related content
Home sales volume finds a new low, ARMs no longer an option to extend purchasing power; Monthly Statistical Update (April 2023)
Home sales volume in the basement; FRM rates to fall back in 2023 — but not yet; ARM rates crossover the FRM rate
National mortgage balances increased by $1 trillion in 2022
During the fourth quarter of 2022, total national mortgage debt increased by $254 billion, contributing to a $1 trillion increase in mortgage balances in 2022.
Due-on leasing regulations
Landlords and property managers need to know what triggers and exempts the due-on clause, since mortgage holders enforce the due-on clause more frequently in times of rising interest rates.
Form-of-the-Week: Profit and Loss Statement and Balance Sheet — Forms 209-2 and 209-3
An agent uses RPI Forms 209-2 and 209-3 when assisting owners with household budgeting and long-term financial planning.
ARM-FRM crossover removes last support for home prices
The interest rate inversion has completely eliminated the appeal of ARMs — and the price support ARMs provided before the inversion.
Mortgage delinquencies rise from historic low
While home sales volume is plummeting and home prices are spiraling, there is one housing factor on the rise — mortgage delinquencies.
California home sales volume broke another decade low in January 2023
California home sales volume started 2023 with the lowest numbers since the Great Recession.
Underwater homes, reduced construction starts spell change for California’s active agent population; Monthly Statistical Update (March 2023)
https://vimeo.com/802054438 The Monthly Statistical Update (MSU) keeps agents and brokers current on the market trends affecting California real estate transactions. This month, we’re covering: the share of California’s mortgaged homes underwater, now inching higher...