While experiencing significant losses in 2020, the commercial and multi-family mortgage industry escaped the worst of experts’ original predictions.
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Browse the latest news, articles, marketing materials, videos, and forms impacting California’s real estate market today.
Philadelphia Fed sheds light on fraught rental market
A new study is shedding light on the struggling rental market and the uphill battle to keep people in their homes.
2020’s struggling jobs market foreshadows declining home prices in 2021; Monthly Statistical Update (December 2020)
A second jobs recovery is needed to sustain the housing market; Californians drop out of the labor force; California home prices jump with low turnover and lower interest rates
The “jingle mail” strategy
New homeowners relish the moment they accept the keys to their new home — so why are more and more of them considering returning the keys?
Homes are flying off the market, despite recession
The reason for today’s low inventory situation is multi-faceted, and most of these factors are set to change in the coming months.
Rate of unbanked households to rise in 2020
The FDIC expects the number of unbanked households to rise in 2020-2021 due to the major income losses experienced during the 2020 recession.
Over one-half of renters, one-third of homeowners aren’t sure they can pay next month’s housing payment
Homeowners and renters are deeply insecure about their financial situations in 2020.
New legislation aims to protect mobilehome residents
Lawmakers have passed a new law aimed at helping struggling mobilehome residents who face economic hardships brought on by the recession and COVID-19.
Low interest rates are here to stay, spurring refinancing; Monthly Statistical Update (November 2020)
Interest rates hit historic lows for mortgages; Plummeting interest rates send refinances soaring; The yield spread forecasts the long recovery ahead
2020 recession stretches income inequality
Some experts are calling this recession K-shaped: what does that mean for real estate?
Tax Benefits of Ownership: vacation home sales
This excerpt from the forthcoming edition of Tax Benefits of Ownership gives an overview on vacation home sales.
Industrial is the bright spot for SoCal commercial real estate
Read the details on how industrial, office and retail are faring in SoCal’s major markets during this 2020 recession.
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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