Home sales volume continues to decline in 2019.
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Home sales volume continues to decline in 2019.
Retiring Baby Boomers shift California’s future direction of real estate ownership.
Mortgage rates are on their way up.
The California Buyer Purchasing Power Index (BPPI) tells us a homebuyer with the same income is able to borrow 1.47% less purchase-assist mortgage money than a year ago.
Multi-family and SFR construction continue to lag behind demand for new housing.
Declining DFPI licensee numbers, and the fees they charge, means the remaining individuals need to pick up the slack — with their wallets.
What’s a broker to do until home sales volume takes off?
Over the last few decades, savings has followed a path conversely proportionate to consumer confidence.
Track the single most influential factor on California’s real estate market: the number of people employed.