43,400 new and resale home transactions closed escrow in California during November 2021.
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Press Release: Q4 2021 Buyer Purchasing Power goes negative with rising interest rates
The California BPPI figure declined to -5.0 in December 2021, reflecting a 5% decrease in mortgage money available to homebuyers reliant on financing.
Mortgage rates enter 2022 in a risky crossover; Monthly Statistical Update (January 2022)
Fixed rate mortgage (FRM) rates look flat to up; Bond market investors subdued as the Fed fights inflation; Homebuyers eye low rates on adjustable rate mortgages (ARM)
2021 in review and a forecast for 2022 and beyond
Catch up on 2021’s biggest real estate stories and read firsttuesday’s forecast for 2022 and beyond.
California faces long road against wealth inequality
Household wealth disparities continue to plague the U.S. economy, and legislators have yet to come up with any solution.
Fed announces a quicker increase to interest rates
The Fed’s announcement follows another month of record-setting consumer inflation.
Refinancing inequality during the COVID-19 pandemic
Refinancing activity increased significantly for high-income refinancers in 2020 and 2021, but not for low-income refinancers.
California’s declining population: the worst way to fix the housing shortage
Here in California, real estate professionals are dealing with insufficient building — and people are heading for the door.
October 2021 California home sales ease back into seasonal patterns
44,400 new and resale home transactions closed escrow in California during October 2021.
2021 mortgage originations decline from record heights
$3.8 trillion in mortgages were originated in 2021, the majority of which were refinances.
LIBOR phase out begins on December 31, 2021. Are you ready?
As LIBOR’s demise quickly approaches, the Secured Overnight Financing Rate (SOFR) is the backup rate of choice.
Zillow exits home flipping after getting burned in hot market
Zillow’s large-scale flipping scheme was bound to fail.
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
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