Buyer purchasing power’s pull on prices; Rising mortgage rates decrease purchasing power; Home prices fall from their peak
Learn the 25 economic factors that drive California’s real estate market.
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06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Buyer purchasing power’s pull on prices; Rising mortgage rates decrease purchasing power; Home prices fall from their peak
Mean price trendline pulls prices down; Rising SoCal incomes can’t keep up with home prices; NorCal incomes rising quickly, still lag behind prices
The consumer price index is a useful tool for real estate agents – if you know how to use it.
Foreign investment plays a significant role in California’s economy and real estate market.
Buyer purchasing power reins in buyers, for now; Stocks past their peak; Yield spread indicates recession is in view
The coming decades will see coastal areas across the state impacted by flooding and erosion.
The BPPI was -7.97 in Q4 2018, indicating buyers were only able to borrow 7.97% less than a year earlier due to rising interest rates.
Home prices hit their peak in Q3; Falling yield spread signals next recession; Today’s sell phase near its end
Costs are rising more quickly for homebuyers than renters in 2018.