Home sales volume to end year below 2017; Construction rises — too slowly; First-time homebuyers waiting in the wings
First-time homebuyer uncertainty hinders construction, home sales; Monthly Statistical Update (November 2018)
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Real Estate Economics
Learn the 25 economic factors that drive California’s real estate market.
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Press release: Buyer purchasing power index plummets in Q3 2018
The buyer purchasing power index continued to fall in Q3 2018.
Rising interest rates drag down refinances; Monthly Statistical Update (October 2018)
Key short-term rate rises; ARM rates inch higher; Fewer refinances going forward
Change the law: Require financial literacy for high schoolers
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More one-person households buying homes
More singles are striking out on their own to become homeowners.
Retirees shun areas with high home prices
Home prices flow with the presence of workers.
Jobs, home sales, agents – peaked or not quite; Monthly Statistical Update (September 2018)
Jobs move real estate; Sales agent licensing and home sales volume move in tandem; Sales agent licensing and renewals to slip