Economic Trends in California Real Estate

Risk management practices by the sellers agent in a declining market

by Amy Platero | Jul 24, 2023

In times of softening home prices, the sellers agent will need to be even more sure to provide the buyer with property reports and disclosures.

Below value appraisals are uncommon — but they are more likely in minority neighborhoods

by Carrie B. Reyes | Jul 20, 2023

New data shows homes are more likely to be appraised at below the contract price when they are located in minority neighborhoods.

Close the racial homeownership gap — but not in 2023

by Carrie B. Reyes | Jul 20, 2023

Legislation offering homeownership opportunities as a national housing policy when prices are just past an historic peak – not a good look.

Mortgage payments jump — and misguided buyers feel driven to overpay

by Carrie B. Reyes | Jul 17, 2023

Today’s homebuyers remain undeterred by rising interest rates, still-high home prices and slowing sales.

Grants awarded to pro-housing metros

by Amy Platero | Jul 12, 2023

Was your service area among the 18 awarded with grant funding for having pro-housing policies?

Economic considerations in an evaluation: Part 2

by Carrie B. Reyes | Jul 11, 2023

This article discusses different valuation methods for preparing a broker price opinion (BPO).

Economic considerations in an evaluation: Part 1

by Carrie B. Reyes | Jul 6, 2023

Learn how local economic conditions influence a broker’s price opinion – and how to use different valuation methods.

Press Release: Despite steady gains, Q2 2023 Buyer Purchasing Power Index still negative

by Carrie B. Reyes | Jul 2, 2023

The typical mortgaged homebuyer is able to borrow 11% less purchase-assist mortgage money than a year ago due to higher interest rates alone.

Hitting 2023 mortgage rate obstacles, construction starts return to pandemic lows; Monthly Statistical Updated (July 2023)

by ft Editorial Staff | Jun 30, 2023

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,...