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.
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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.
Over the last few decades, savings has followed a path conversely proportionate to consumer confidence.
While the number of households continues to grow, the rise is mostly thanks to renters.
Want a deeper understanding of your local real estate market? These charts show the price-per-square-foot history of home sales in communities across California.
Where to park your cash? It depends on how long you’re going to park it for – and what types of risks you’re willing to take.
California’s homeownership rate ballooned during the Millennium Boom, but quickly fell to today’s low level of 55%.
Find out what today’s buyer purchasing power means for tomorrow’s home prices in California.