California home sales volume in May 2023 was up 22% from the prior month – but down 22% from a year earlier.
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Browse the latest news, articles, marketing materials, videos, and forms impacting California’s real estate market today.
Home equity declines since June 2022
California homeowners lost an average of $60,000 in equity over the past year.
Too much of a good thing? Not possible, when it comes to housing
The vast majority of California residents support looser zoning restrictions for housing.
The mean price trendline: guidance for when to sell
Sellers who are going to sell within the next five years need to be advised to sell now, not wait.
The “right” interest rate is the market rate — higher than homebuyers think
Waiting for mortgage rates to drop to the “right” level is mental joy riding.
Landlords fight rising vacancy rates
While the supply-and-demand imbalance is heading in the right direction — toward stabilization — the rental market is still a long way from normal.
California home sales volume: Spring housing demand evaporates as price drop pauses
For the second year in a row, California home sales volume peaked early, falling back in April 2023.
Commercial mortgage lending slides in 2023
MLOs betting their income on commercial and multi-family lending in 2023 will be disappointed.
Ten-year rate hikes freeze up sellers in property markets; Monthly Statistical Update (June 2023)
The seesaw of mortgage market and Fed funds rates; Mortgage insurance also constricts homebuyer purchasing power; REIT values, returns fall back in 2023
Unlicensed finance company president found guilty of operating mortgage fraud scheme
The president of a mortgage foreclosure consultant company was convicted of 100 felony counts for operating a mortgage fraud scheme in California.
![MLO Recession Side Hustle Guide [e-book]](https://journal.firsttuesday.us/wp-content/uploads/MLO-ebook-title-page-400x250.png)
MLO Recession Side Hustle Guide [e-book]
Learn how mortgage origination providers will survive the ongoing downturn in mortgage originations with this RPI ebook.
Spring price cuts, days-on-market, continue to climb
Seller price cuts and days-on-market continue to escalate across California in Spring 2023.
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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