The typical mortgaged homebuyer is able to borrow 11% less purchase-assist mortgage money than a year ago due to higher interest rates alone.
Learn the 25 economic factors that drive California’s real estate market.
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The typical mortgaged homebuyer is able to borrow 11% less purchase-assist mortgage money than a year ago due to higher interest rates alone.
https://vimeo.com/841369234 The Monthly Statistical Update (MSU) keeps agents and brokers current on the market trends affecting California real estate transactions. This month, we’re covering: adjustable rate mortgages (ARMs), which continue to eclipse FRM rates,...
California home sales volume in May 2023 was up 22% from the prior month – but down 22% from a year earlier.
California homeowners lost an average of $60,000 in equity over the past year.
The vast majority of California residents support looser zoning restrictions for housing.
Sellers who are going to sell within the next five years need to be advised to sell now, not wait.
Waiting for mortgage rates to drop to the “right” level is mental joy riding.
While the supply-and-demand imbalance is heading in the right direction — toward stabilization — the rental market is still a long way from normal.
For the second year in a row, California home sales volume peaked early, falling back in April 2023.
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