2020 was a rough year for everyone, with renters and landlords often bearing the brunt of the recession.
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Browse the latest news, articles, marketing materials, videos, and forms impacting California’s real estate market today.
Pre-built home sales at historic high
The vast majority of 2020’s new home sales were for homes not yet completed or even started.
Desperate homebuyers push more homes to sell above list price
Home prices continue to defy recessionary expectations, having increased to new heights in 2020.
Interest rates at their historic bottom and looking ahead to the LIBOR’s retirement; Monthly Statistical Update (January 2021)
Fixed rate mortgages continue on toward new lows; Interest rates hold onto their cyclical bottom; The LIBOR is going, going…
Foreclosure moratorium expiration looms — what then?
When the foreclosure moratorium ends, servicers may begin or resume the foreclosure process, unless homeowners are in a forbearance program.
Press Release: Q4 2020 Buyer Purchasing Power Index climbs to new heights as interest rates reach record lows
The BPPI was +13.4 at the end of Q4 2020.
2020’s rebounding jobs market masks deeper troubles for real estate in 2021
Jobs are the single most important economic factor in real estate.
2020 in review and a forecast for 2021
This article digests the major housing developments that occurred in 2020 and details firsttuesday’s forecast for 2021.
New stimulus deal arrives, but won’t repair the economy
With much public disagreement and little time to spare, Congress has finally reached a deal for a new economic stimulus package.
In California, where down payments are highest, homeownership is lowest
Low loan-to-value ratios (LTVs) aren’t necessarily a good thing.
Fannie Mae, optimistic, forecasts an improving housing market
Fannie Mae’s optimism warms the heart, but there’s not any real kindling to keep it going.
At what point are we in the 2020 recession as we head into 2021?
Share your expectations for the future housing market and economy in 2021.
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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