Agents and brokers who want to make a decent living in the leaner years ahead will prepare now for the return of real estate owned (REO) properties.
Recession Watch
Featured pages
Market Charts
ft Local
Surviving the Recession
Economic Timeline
Latest posts
Browse the latest news, articles, marketing materials, videos, and forms impacting California’s real estate market today.
March 2022 California home sales volume: the slow, agonizing death of buyer enthusiasm
Along with a deep cut to home price potential, 2022’s rapidly rising interest rates are causing sales to stall.
Fast rising mortgage rates chill real estate for all participants; Monthly Statistical Update (May 2022)
Mortgage interest rates leap, toppling buyers until prices drop; Lured by temporary price reports, new agents pour in during 2021; ARM use to rise with FRM rate jump
Can the Fed cool inflation without implementing another recession?
The tipping point for another recession is nigh.
California’s home remodeling boom set to peak in 2022
A home renovation boom is stirring up in 2022, escalating the already inflated costs of building materials and labor.
Home sales volume impacts sales agent licensing and renewals
View California sales agent trends from 2002-present, and examine the effect of home sales volume on licensing.
Q1 2022 Buyer Purchasing Power Index falls further into negative territory
Rapidly rising interest rates caused the BPPI figure to slip to -12.7 in March 2022 – and falling.
California mortgage relief program provides second chance in delinquency
California’s mortgage relief program is open for applications. Find out why your eligible clients will want to apply early.
Today’s first-time homebuyers are priced out of buying — and also renting
As first-time homebuyers try to muscle their way into today’s highly competitive housing market, many are finding themselves priced out of buying — and renting, too.
Employment and wages highest hurdles for Millennial first-time homebuyers
The American Dream of homeownership is out of reach for the average Millennial, especially in California. What will it take to restore the dream?
February 2022 California home sales volume: Disappointment as rising trend reverses course
31,800 new and resale home transactions closed escrow in California during February 2022.
Jobs still lagging, savings rates fall; Monthly Statistical Update (April 2022)
Jobs are still climbing out of the recessionary pit; Personal savings — back to normal and falling; Yield spread forecasts no double dip recession — for now
Context is key
Learn the 25 factors that drive California’s real estate market to better understand today’s top news stories.
Click to download Economic Trends in California Real Estate: Realty Almanac 2022-2024
Ready to get ahead of the upcoming recession?
For over 40 years, firsttuesday has been DRE-approved to provide quality, California-specific real estate licensing and renewal courses.