buyer purchasing power | firsttuesday Journal

San Diego housing indicators

by ft Editorial Staff | Feb 14, 2023 | Charts, Forecasts, Mortgages, Real Estate, San Diego | 30

View these charts for current activity and forecasts for San Diego’s housing market.

Riverside housing indicators

by ft Editorial Staff | Feb 14, 2023 | Charts, Forecasts, Inland Empire, Mortgages, Real Estate | 15

View these Riverside regional charts for details on current activity and forecasts for its local housing market.

Los Angeles housing indicators

by ft Editorial Staff | Feb 13, 2023 | Charts, first tuesday Local, Forecasts, Los Angeles-Santa Barbara-Ventura, Mortgages, Real Estate | 11

View these Los Angeles regional charts for details on current activity and forecasts for its housing market.

Homebuyers recede as 2022’s mortgage rate tsunami ends

by Carrie B. Reyes | Feb 9, 2023 | Economics, Home Sales, Real Estate, Recessions | 0

As long as buyers are limited by rising mortgage rates, the seller’s list price is the only moveable part in the transaction.

Buyer purchasing power determines home prices — always

by ft Editorial Staff | Jan 20, 2023 | Feature Articles, Home Sales, Interest Rates, Real Estate | 0

Little interest rate changes make a big difference in how much a homebuyer can pay.

The boundless influence of Federal Reserve policies

by Carrie B. Reyes | Jan 9, 2023 | Economics, Feature Articles, Interest Rates, Mortgages, Real Estate | 2

Learn how the Federal Reserve influences interest rates – and California real estate transactions.

The Fed bumps up rates again — the undeclared recession is here

by Carrie B. Reyes | Aug 1, 2022 | Economics, Interest Rates, Market Watch, Real Estate, Recessions | 0

After years of historically cheap mortgage money, the housing market is bracing for yet another rate increase.

Press Release: Buyer Purchasing Power Index (BPPI) falls to new low in Q2 2022

by ft Editorial Staff | Jul 8, 2022 | Charts, Economics, Interest Rates, Real Estate | 0

Rising interest rates caused the Buyer Purchasing Power Index (BPPI) hit a decades’ low in Q2 2022.

The votes are in: high interest rates curb home purchases

by Madison Hart | Jul 1, 2022 | Interest Rates, Real Estate | 0

The votes are in! Taking a deeper look at a recent firsttuesday poll helps us forecast home prices.

The housing market tips as ARM share rises, mortgage applications plummet

by Carrie B. Reyes | Jun 13, 2022 | Economics, Finance, Market Watch, Mortgages, Real Estate, Recessions | 0

As interest rates have jumped, homebuyers in search of relief are embracing seductively low teaser rates.

Buyer purchasing power has plummeted 25% with interest rate hike

by Carrie B. Reyes | May 23, 2022 | Economics, Forecasts, Market Watch, Real Estate | 0

The abundance of mortgage money available to homebuyers has quickly dried up – and the drought will only worsen.

Q1 2022 Buyer Purchasing Power Index falls further into negative territory

by ft Editorial Staff | Apr 19, 2022 | Charts, Economics, Interest Rates, Real Estate | 0

Rapidly rising interest rates caused the BPPI figure to slip to -12.7 in March 2022 – and falling.

February 2022 California home sales volume: Disappointment as rising trend reverses course

by Carrie B. Reyes | Apr 7, 2022 | Economics, Home Sales, Real Estate | 0

31,800 new and resale home transactions closed escrow in California during February 2022.

Mortgage applications rise even as interest rates jump

by Madison Hart | Mar 18, 2022 | Real Estate | 0

30-year fixed mortgage rates are increasing yet again, and homebuyers are trying to get in mortgage applications before rates hike up too high.

POLL: In sales transactions negotiated this Spring, who will have the most influence on pricing?

by ft Editorial Staff | Mar 14, 2022 | Reader Polls, Real Estate | 0

This week’s poll asks whether buyers or sellers will be holding the power in sales transactions come Spring time.

The votes are in: What direction do you sense home prices will go in 2022?

by Madison Hart | Mar 4, 2022 | Real Estate | 0

This monthly piece is here to go over one of the more popular polls from February. Readers were asked what direction they sensed home prices would go in 2022, and the results vary.

Homebuyers, sellers prepare for higher interest rates

by Madison Hart | Feb 25, 2022 | Real Estate | 0

Buyers and sellers are looking for the right moment to make their moves. Mortgage rates are finally on an upward run – making buyers and sellers nervous.