Today’s supply-and-demand imbalance remains in sellers’ favor.
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Browse the latest news, articles, marketing materials, videos, and forms impacting California’s real estate market today.
Remote working shifts homebuyer preferences
As Californians continue to social distance due to the coronavirus (COVID-19) pandemic, many have shifted from their traditional office jobs to working remotely.
POLL: Will demand for high-density multifamily buildings and condo units drop as a result of COVID-19?
This poll will close on June 8, 2020.
Today’s low interest rates aren’t enough to boost inventory, home sales volume; Monthly Statistical Update (June 2020)
30-year fixed rate mortgage (FRM) rates hit historic low; For-sale inventory drops; Home sales volume set to fall
The W-shaped recession ahead
Prepare for a bumpy road ahead.
ARM rates remain low, but not low enough
The average ARM rate has fallen back in 2020.
The Fed’s purchase of mortgage-backed securities has a big downside for lenders
This spring’s high level of margin calls on top of rapidly rising forbearance rates have put the mortgage industry in a dangerous position.
Sellers pull listings across California’s major metros
Twice as many homes were removed from the market this spring compared to last year.
Home prices, savings and bankruptcies in a pandemic; Monthly Statistical Update (May 2020)
Home prices are propped up by low interest rates, for now; Saving opportunities narrow in California; Personal bankruptcies set to rise
California consumer sentiment plummets in Q1 2020
Information on homebuyer sentiment is somewhat predictive of future home sales.
Forbearance requests increase 100-fold in just seven weeks
Nationally, 7% of mortgages were in forbearance in mid-April.
DRE fumbles crisis response
Can the DRE adequately support licensees through the COVID-19 pandemic?
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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