California housing market | firsttuesday Journal

California’s turnover rate ice cold in 2024

by Amy Platero | Oct 26, 2024 | Buyers and Sellers, Economics, Real Estate | 1

California’s homeowner turnover rate is the lowest it’s been in years, showing just how frigid California’s housing market is in 2024.

Grants awarded to pro-housing metros

by Amy Platero | Jul 12, 2023 | Bakersfield-Fresno, Bay Area, Economics, first tuesday Local, Inland Empire, Los Angeles-Santa Barbara-Ventura, Real Estate, Sacramento, San Diego | 2

Was your service area among the 18 awarded with grant funding for having pro-housing policies?

The mean price trendline: guidance for when to sell

by Amy Platero | Jun 16, 2023 | Home Sales, Real Estate, Recessions | 0

Sellers who are going to sell within the next five years need to be advised to sell now, not wait.

National mortgage balances increased by $1 trillion in 2022

by Amy Platero | Mar 24, 2023 | Finance, Mortgages, Real Estate, Recessions | 1

During the fourth quarter of 2022, total national mortgage debt increased by $254 billion, contributing to a $1 trillion increase in mortgage balances in 2022.

California homebuyers closing their wallets on today’s market

by Adam Kolvas | Dec 5, 2022 | Economics, Home Sales, Interest Rates, Market Watch, Mortgages, Real Estate | 0

California homebuyers are not buying into tumbling home prices — yet.

Californians pay big to live on nation’s smallest lots

by Amy Platero | Oct 7, 2022 | Economics, first tuesday Local, Real Estate | 0

California has some of the country’s smallest and most expensive lots.

Institutional investors crowd out California homebuyers

by Amy Platero | Oct 3, 2022 | Economics, Investment, Real Estate, Recessions | 0

Are large Wall Street investors creating a permanent renter class in California?

How San Diego is addressing its housing shortage

by Amy Platero | Sep 26, 2022 | first tuesday Local, Real Estate, San Diego | 0

To spur housing construction for moderate-income units, San Diego is banking on bringing down supply-side obstructions with reforms.

What a cooling market means for both sides of real estate transactions

by Amy Platero | Sep 19, 2022 | Buyers and Sellers, Economics, Market Watch, Real Estate, Recessions | 1

The real estate market’s pivot from soaring prices to plunging prices will affect buyers, sellers, lenders and support services in different ways.

The housing deficit is worst in California — almost a million homes short

by Amy Platero | Sep 6, 2022 | Economics, first tuesday Local, Los Angeles-Santa Barbara-Ventura, Real Estate | 1

The housing deficit has worsened in recent years. See how California’s metros rank compared to the rest of the nation.

Home defects face greater scrutiny in 2022’s cooling market

by Amy Platero | Aug 22, 2022 | Buyers and Sellers, Economics, Fundamentals, Laws and Regulations, Real Estate | 0

Today’s sobered homebuyers have greater liberty to leverage home defects to justify a price cut than they did the last two years.

Landlords nationwide plan rent increases over the next year

by Amy Platero | Aug 15, 2022 | Economics, Laws and Regulations, Property Management, Real Estate | 0

California’s cost-burdened tenants will need to tighten their belts another notch since nearly three quarters of landlords plan to increase rent over the next year.

April 2022 California home sales volume: an alarming spring decrease

by Carrie B. Reyes | Jun 7, 2022 | Economics, Home Sales, Market Watch, Real Estate | 0

The number of homes sold in April was 5% below the prior month and 10% below a year earlier.

SoCal commercial real estate results are in

by Madison Hart | Apr 29, 2022 | Real Estate | 0

Southern California commercial real estate putting out brighter results, but there’s a long road to recovery ahead. Read on for the details of how industrial, office and retail are faring in SoCal’s major markets.