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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Category: Home Sales
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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California home sales volume lays low
Home sales volume is expected to continue its decrease 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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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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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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The slowing trend in California construction starts
Multi-family and SFR construction continue to lag behind demand for new housing.
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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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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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Letter to the editor: Why are prices still rising even though we’re in a recession?
Several housing market factors are acting to buoy home prices in 2020, including low inventory, few distressed sales and historically low interest rates.
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Sales volume: a powerful magnet for home prices
Home sales volume movement impacts tomorrow’s home prices.
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Despite historically low sales volume, homes are flying off the market
Homebuyers, eager to take advantage of record-low interest rates, are buying up homes quickly.
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Spotting appraisal deficiencies
Knowing the common appraisal deficiencies can help you successfully rebut a low appraisal.
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Will home prices remain inflated in 2020, despite the recession?
Today’s supply-and-demand imbalance remains in sellers’ favor.
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Remote working shifts homebuyer preferences
As Californians continue to social distance due to the coronavirus (COVID-19) pandemic, many have shifted from their traditional office jobs to working remotely.
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Inventory drops going into 2020, now set to climb
Inventory is once again near historic lows in 2020.
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