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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Category: Home Sales
California home sales volume
Home sales volume is falling back in 2022.
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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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Pivot to find profits during a recession: Focus on homebuyers
To make a profit during a buyer’s market, real estate agents need to exercise new strategies.
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Home Builders struggle to find the silver lining in 2022-2023 housing market
Builder confidence in single family residence (SFR) construction fell each month in 2022 – but there is a bright spot.
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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 danger of high appraisals in a spiraling housing market
A high appraisal has long stakes for homebuyers – and lenders.
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Energy efficient properties will reduce emissions by 2030
Turns out the housing shortage isn’t the only problem Californians are facing — they need to worry about energy efficiency, too.
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California real estate: 2022 in review and a forecast for 2023
Read about the legislative changes and economic shifts which impacted real estate professionals during 2022 – and our forecast for 2023.
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California’s for sale inventory: a symptom of homebuyer demand
California’s for-sale inventory is bouncing higher heading into 2023.
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Pandemic-era buying spree plunges homebuyers from minority groups underwater
The recent homebuying wave coincided with the worst time to buy — at the top of the housing cycle.
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California homebuyers closing their wallets on today’s market
California homebuyers are not buying into tumbling home prices — yet.
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Long-distance homebuyers continue to break records
The share of homebuyers searching outside of their current metro continues to increase.
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Today’s minimum down payment homebuyers are in big trouble
Low down payment homebuyers who go under contract today will be underwater by the time they sign on the dotted line.
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Offering mortgage points? There are better ways to catch a buyer
The insides and outs of mortgage points – and better ways to entice buyers in today’s rising interest rate market.
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Form-of-the-Week: Occupancy Agreements — Interim and Holdover — Forms 271 and 272
Buyers and sellers use RPI Forms 271 and 272 to occupy property as tenants until a replacement residence is secured.
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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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The 20% solution: personal savings rates and homeownership
How today’s low savings rates impact California’s real estate market.
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