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.
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Category: Home Sales
California home sales volume
Home sales volume continues to fall back in 2023.
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Spring price cuts, days-on-market, continue to climb
Seller price cuts and days-on-market continue to escalate across California in Spring 2023.
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Fewer new listings as California’s for-sale inventory dips
The number of new listings is down dramatically across California’s major metros.
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California’s for sale inventory: a symptom of seller reluctance in 2023
Seller reluctance has sunk California’s for-sale inventory in the first half of 2023.
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California home sales volume inches forward in March 2023
After a year of steadily decreasing sales, California home sales volume is struggling without a rebound in 2023.
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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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California home sales volume crawls higher in February 2023
Just 16,900 new and resale home transactions closed escrow in California during February 2023.
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Market price influencers for a BPO report
Learn about the factors influencing a broker’s price opinion (BPO) report, including the property’s location, natural hazards and local ordinances.
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The mean price trendline: the home price anchor
The mean price trendline reveals housing price deviations. Track the trends to reveal the direction of prices in the years ahead.
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California home sales volume broke another decade low in January 2023
California home sales volume started 2023 with the lowest numbers since the Great Recession.
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California residential construction starts
Multi-family and SFR construction continue to lag behind demand for new housing.
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The many pitfalls of pocket listings
The risky business of pocket listings are dangerous for sellers, buyers — and brokers.
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A property’s energy consumption: Part 2: Marketing a property’s energy use
How seller’s agents can market a home’s energy use, from a green home to an energy-sucking fixer-upper.
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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 recede as 2022’s mortgage rate tsunami ends
As long as buyers are limited by rising mortgage rates, the seller’s list price is the only moveable part in the transaction.
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California home sales volume in 2022 began the purge of pandemic distortions
The number of homes sold in December 2022 was a devastating 44% below a year earlier.
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New construction doesn’t always mean more homes to go around
One-in-five new SFRs are built on the site of teardowns – a loss for inventory gains.
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Buyer purchasing power determines home prices — always
Little interest rate changes make a big difference in how much a homebuyer can pay.
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Listing and buying property at online auction
This guest article explains the basics of online auctions for real estate.
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