Refinancing activity increased significantly for high-income refinancers in 2020 and 2021, but not for low-income refinancers.
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Browse the latest news, articles, marketing materials, videos, and forms impacting California’s real estate market today.
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.
Santa Ana enacts new rent control measures amid staunch resistance
Santa Ana became the first city in Orange County to adopt its own rent control ordinance.
Construction awaits a full jobs recovery; Monthly Statistical Update (December 2021)
The faltering recovery progress for jobs; Low labor force participation continues; Construction recovery hampered
Low interest rates are keeping homes off the market
Homeowners take advantage of low interest rates to refinance their homes, reducing opportunities for homebuyers.
Where have all the workers gone? The Great Resignation hits home in California
The number of workers quitting their jobs continues to escalate in 2021, with September seeing a record level of quits.
As forbearance exits pile on, where will they go next?
Just one-in-five homeowners exiting forbearance can show an ability to resume their regular mortgage payments.
Goodbye Golden State: Ex-Californians seek out lower costs of living
Californians are making moves to other states. Where are residents leaving the Golden State for?
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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