Year-to-date, sales volume is a fee-crushing 31% below 2022 as of June 2023.
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Browse the latest news, articles, marketing materials, videos, and forms impacting California’s real estate market today.
Seasonal dynamics power today’s home price illusion — not buyer demand; Monthly Statistical Updated (August 2023)
https://vimeo.com/849541124 The Monthly Statistical Update (MSU) keeps agents and brokers current on the market trends affecting California real estate transactions. This month, we’re covering: California home prices, which remain well below the mid-2022 peak despite...
Risk management practices by the sellers agent in a declining market
In times of softening home prices, the sellers agent will need to be even more sure to provide the buyer with property reports and disclosures.
Below value appraisals are uncommon — but they are more likely in minority neighborhoods
New data shows homes are more likely to be appraised at below the contract price when they are located in minority neighborhoods.
Close the racial homeownership gap — but not in 2023
Legislation offering homeownership opportunities as a national housing policy when prices are just past an historic peak – not a good look.
Mortgage payments jump — and misguided buyers feel driven to overpay
Today’s homebuyers remain undeterred by rising interest rates, still-high home prices and slowing sales.
Grants awarded to pro-housing metros
Was your service area among the 18 awarded with grant funding for having pro-housing policies?
Economic considerations in an evaluation: Part 2
This article discusses different valuation methods for preparing a broker price opinion (BPO).
Economic considerations in an evaluation: Part 1
Learn how local economic conditions influence a broker’s price opinion – and how to use different valuation methods.
Press Release: Despite steady gains, Q2 2023 Buyer Purchasing Power Index still negative
The typical mortgaged homebuyer is able to borrow 11% less purchase-assist mortgage money than a year ago due to higher interest rates alone.
Hitting 2023 mortgage rate obstacles, construction starts return to pandemic lows; Monthly Statistical Updated (July 2023)
https://vimeo.com/841369234 The Monthly Statistical Update (MSU) keeps agents and brokers current on the market trends affecting California real estate transactions. This month, we’re covering: adjustable rate mortgages (ARMs), which continue to eclipse FRM rates,...
California home sales volume: A weak seasonal bump for May 2023
California home sales volume in May 2023 was up 22% from the prior month – but down 22% from a year earlier.
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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