Weekly housing inventory data Housing inventory is now in its traditional seasonal decline for December, but the inventory growth story, which I was thrilled to see earlier in the year, has changed... Read more »
If you’re thinking about buying a home or refinancing your mortgage, you’re probably wondering about interest rates. Let me tell you, today’s mortgage rates, hovering around 6.26% for a 30-year fixed loan... Read more »
Here’s the good news for anyone looking to get into rental property investing or expand their existing portfolio: falling mortgage rates are making it significantly cheaper to buy rental properties, which directly boosts... Read more »
Consumer sentiment continued to worsen in April, declining across all political groups with significant hurdles anticipated in multiple sectors of the economic landscape. April’s Index of Consumer Sentiment, a survey conducted by... Read more »
Rising mortgage rates suppressed applications in the Mortgage Bankers Association (MBA) final mortgage applications survey index of 2024, released on Thursday. Unsurprisingly, application volume dropped significantly even with a seasonal adjustment to... Read more »
The Southern California housing market is downshifting. The average home price in the six-county region fell 0.3% from October to $869,288 in November, according to Zillow, marking the fourth consecutive month of... Read more »
After a year of strong results, sales of newly built homes took a major step back last month. Data released Tuesday by the U.S. Census Bureau and the U.S. Department of Housing... Read more »
Southern California home prices dipped in October for the third straight month, but values remain near all-time highs and unaffordable for most households. The average home price in the six-county region was... Read more »
If commission rates drop significantly as a result of the National Association of Realtors antitrust lawsuit settlement, it’s potentially an existential threat to many brokerages. But which ones and how many? Data... Read more »
Will housing prices drop in 2025 in California? This pressing question is on the minds of many Californians, including homeowners, potential buyers, and investors. California’s real estate market has always been vibrant,... Read more »