The California Buyer Purchasing Power Index (BPPI) figure rose to +10.1 in September 2019.
Q3 2019 Buyer Purchasing Power Index rises as interest rates fall
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Will first-time homebuyers save California’s homeownership rate?
California’s homeownership rate rebounded slightly in 2018. Will the next wave of first-time homebuyers bring a sea change?
Homeownership demographics struggle; Monthly Statistical Update (September 2019)
The homeownership decline hits young homeowners hardest; Student loan debt holds back homeownership for the young; Negative immigration to continue chipping away at home sales
Migration influences California’s housing market
A drop in negative net migration occurred in California in 2018.
Interest rates favor buyers for now, signal recession to come; Monthly Statistical Update (August 2019)
FRM interest rates now cheaper than ARMs; Buyer Purchasing Power rises in 2019; Negative yield spread forecasts recession
May an owner of a home constructed while title was held by an LLC receive tax benefits under Prop 13?
Wright v. County of San Mateo Facts: The owner of an unimproved lot applies for a mortgage to fund the construction of a home to occupy as their primary residence. As a condition of funding, the mortgage holder requires title to the home to be held by an LLC. The...
Construction starts perform below their historical average — and have been since 1990
Construction starts have been far below California’s historical average most years since 1990.
The downward forces on California home prices; Monthly Statistical Update (July 2019)
Home prices rebound slightly in Q1 2019; Sales volume: a powerful magnet for home prices; The pull of the mean price trendline on home prices
Press release: Buyer purchasing power index positive in Q2 2019
The California Buyer Purchasing Power Index (BPPI) figure was +6.2 in June 2019.
Errata & Updates
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