Sales of luxury homes in Orange County ticked up last year, despite a lack of blockbuster deals. The county’s top 25 home sales rose 1.3 percent to a combined $624.7 million last... Read more »
Southern California has slammed the brakes on falling home sales. After 25 straight months of declining year-over-year sales, home sales rose 7 percent in January to 10,581 deals, the Orange County Register... Read more »
The Winter 2024 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey, released Wednesday, shows that adaptive reuse of office properties is growing, with 21% of California real estate owners and operators... Read more »
Thianchai Sitthikongsak | Moment | Getty Images Mortgage demand is struggling to contend with what appears to be another upswing in interest rates. Homebuyers in particular are pulling back. Total mortgage application... Read more »
Delinquencies rose in December but the rise is mostly due to the calendar: December ended on a Sunday, so payments made on the last day of the month were credited to January.... Read more »
For several weeks, I’ve been reporting data that shows the housing market growing in 2024. Those metrics, specifically the pace of new listings and new sales contracts, slowed this week. Our immediate... Read more »
Weekly housing inventory data Here is a look at the first week of the year: Weekly inventory change (Jan. 12-19): Inventory rose from 505,223 to 506,414 Same week last year (Jan. 13-20):... Read more »
Inflation saw another small rise in December, continuing the 0.1% rise seen in November. Following the two recent consecutive pauses in rate hikes from the Fed, economists feel that this reading reflects... Read more »
Rental Vacancy Rates on the Rise The rental vacancy rate in the United States ticked up in the third quarter of 2023, according to data from the U.S. Census Bureau. The rate... Read more »
With interest rates expected to come down in 2024, real estate — a sector beloved for its steady income payments — could see upside in the new year. The real estate sector... Read more »