The bullish market following the 2020 recession reversed track in 2022 and has fully collapsed — now the commercial market is nowhere near finding a bottom in tenant demand and vacancies.
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.
The force behind home price movement: buyer purchasing power
Find out what today’s buyer purchasing power means for tomorrow’s home prices in California.
Real estate runs with the labor force participation rate
Brokers who watch the jobs numbers along with the LFP rate will find the trends useful for forecasting their future brokerage conditions
Will first-time homebuyers save California’s homeownership rate?
California’s homeownership rate dropped even as the typical age of first-time homebuyers rose.
The mean price trendline: the home price pivot
The mean price trendline reveals housing price deviations. Track the trends to reveal the direction of prices in the years ahead.
Buyer Purchasing Power Index (BPPI) hints at rising as home price adjustment sets in
Planning for the next several years in real estate transactions will require patience and a very different approach to the past decade of recovery economics driven by rate decreases.
Nationally MLOs are far fewer in 2024; CA DRE MLOs increase, DFPI MLOs decrease
The trend for state-licensed MLOs is down in 2024.
Newly-licensed sales agent and broker population
This article examines the number of broker and sales agent licenses issued by the DRE from 1998-present, with forecasts about future licensing trends.
FHA delinquencies rising on pandemic forbearance arrangements
What are the consequences of delinquency in pandemic-era forbearance arrangements?
The Entry of New Agents
Watch to anticipate the training agents need when entering the real estate profession.
Hiring Newly-Minted Real Estate Agents in a Recession
Watch to discover the enhanced learning opportunities uniquely made available to licensees during a recession.
The rise and fall of real estate brokers and agents
This article analyzes the historical population of active DRE licensees, with discussions and forecasts about future licensing trends.
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.