California home sales volume lays low
Home sales volume is expected to decrease later in 2021.
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Category: Home Sales
The source of home price movement: buyer purchasing power
Find out what today’s buyer purchasing power means for tomorrow’s home prices in California.
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Homeownership has declined every generation since the Boomers
Homeownership is the bedrock of the housing market, and it is gradually but assuredly crumbling.
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Orange County housing indicators
View these Orange County regional charts for details on current activity and forecasts for its local housing market.
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Homebuyers are shaping up to be even more competitive in 2021
Nationally, 52% of homes reached a pending status within two weeks of listing as of the first week of February 2021.
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Homebuyer demand continues to outpace inventory for sale
Inventory is once again at historic lows going into 2021.
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California consumer sentiment hits new lows in 2020, concerning for future home sales
What do the latest consumer sentiment numbers tell us about future home sales?
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Reduced homeowner turnover is a drain on California’s for-sale inventory
Homeowners are moving less often today compared to even just a few years ago.
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Rent-to-own sees dollar signs amid recession
First-time home shoppers are finding entry into California’s real estate market near impossible...
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California dead last for domestic migration
California is consistently at the bottom when it comes to attracting new residents from out-of-state.
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The slowing trend in California construction starts
Multi-family and SFR construction continue to lag behind demand for new housing.
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Cash sales plummeted in 2020
Record-low interest rates and a tumultuous housing market resulted in very few cash buyers in 2020.
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The 20% solution: personal savings rates and homeownership
How today’s savings rates impact California’s real estate market.
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Pre-built home sales at historic high
The vast majority of 2020’s new home sales were for homes not yet completed or even started.
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Desperate homebuyers push more homes to sell above list price
Home prices continue to defy recessionary expectations, having increased to new heights in 2020.
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Foreclosure moratorium expiration looms — what then?
When the foreclosure moratorium ends, servicers may begin or resume the foreclosure process, unless homeowners are in a forbearance program.
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Homes are flying off the market, despite recession
The reason for today’s low inventory situation is multi-faceted, and most of these factors are set to change in the coming months.
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Tax Benefits of Ownership: vacation home sales
This excerpt from the forthcoming edition of Tax Benefits of Ownership gives an overview on vacation home sales.
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San Francisco is alone in its urban exodus, despite pandemic
The recession’s impact has been basically the same for California’s urban and suburban markets, with one big exception.
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Summer 2020’s unseasonably hot housing market
With the economy several months deep into the 2020 recession, this summer has seen surprisingly high competition from homebuyers.
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