Mortgage loan availability fell in July 2023 to its lowest level in a decade for non-qualified mortgages (QMs).
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Mortgage loan availability fell in July 2023 to its lowest level in a decade for non-qualified mortgages (QMs).
More acceptance of manufactured homes within California’s zoning laws may help address the state’s 980,000-unit housing deficit.
Would-be renovators are finding themselves wedged between a rock and several hard places.
2023’s downturn still undeclared; Despite year-over improvement, buyer purchasing power remains low; Saving rates creep higher as consumers rein in spending
California’s low homeownership rate means rentals are in high demand, with vacancies near historic lows.
Sticky homeowners are unwilling to relieve the inventory shortage in 2023.
Media pundits in their coverage of today’s high mortgage interest rates ignore the 60-year cycle of rising and falling mortgage rates and the seller’s pricing response to rising and falling rates.
An overwhelming 95% of community bankers say the economy is already in a recession as of Q2 2023.
Senate Bill 35 was introduced in 2018 to help boost low-income housing inventory. As an extension of the bill makes its rounds in the state legislature, now is a good time to review its track record.
Any seller confidence gained during spring’s meager seasonal boost is premature.
2023 is seeing fewer independent brokers and more broker associates.
Year-to-date, sales volume is a fee-crushing 31% below 2022 as of June 2023.
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