While U.S. trends for young adult mobility are clearly up over the past few decades, the same is not true here in California.
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Browse the latest news, articles, marketing materials, videos, and forms impacting California’s real estate market today.
Appraisals and the trouble with single point valuations
Usually, the appraisal is reduced to an exact dollar amount. But how useful and accurate is that single point valuation?
Rising price-to-rent ratio shadows a fragile housing market
Economists break down the volatile price-to-rent ratio.
Interest rates at an unequal bottom; Monthly Statistical Update (November 2019)
Fixed rate mortgage (FRM) rates decline; Adjustable rate mortgage (ARM) rates decrease, not enough; Economic expectations see Treasury rates bottom
California’s high cost of living outweighs local incomes
California’s high-paying jobs only go a small way toward covering the state’s high cost of living.
Declining housing and economic factors push sales agents out; Monthly Statistical Update (October 2019)
California home sales volume to continue down; The yield spread forecasts the next recession; Active agents and brokers decline
Q3 2019 Buyer Purchasing Power Index rises as interest rates fall
The California Buyer Purchasing Power Index (BPPI) figure rose to +10.1 in September 2019.
California housing markets at highest risk of a downturn
All eyes are on the next recession, forecasted to arrive in 2020. Already, housing professionals and other forward-thinking individuals are wondering: how will housing be affected with the next economic decline? A recent Redfin report attempts to quantify the answer,...
It’s official: home sales in California are “weak”
Home sales volume in 2019 is “relatively weak,” according to a report by California’s Legislative Analyst’s Office (LAO).
Obstacles holding back renters from homeownership
Most renters report a number of obstacles are holding them back from buying a home.
Homeownership demographics struggle; Monthly Statistical Update (September 2019)
The homeownership decline hits young homeowners hardest; Student loan debt holds back homeownership for the young; Negative immigration to continue chipping away at home sales
Discouraged, fewer homebuyers enter bidding wars in 2019
The housing market is slowing down in the Golden State and the nation as a whole. In California, home sales volume has declined consistently throughout 2019, with home prices just 1%-3% above a year earlier. In yet another sign of the housing market’s slowdown,...
Context is key
Learn the 25 factors that drive California’s real estate market to better understand today’s top news stories.
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