US Home Price Forecast by Goldman Sachs Shows 5% Surge in 2024

US Home Price Forecast by Goldman Sachs Shows 5% Surge in 2024

Housing prices in the US defied expectations last year, showing resilience despite a surge in mortgage rates. Now, with the anticipation of interest rate cuts, Goldman Sachs Research predicts a more substantial... Read more »
Industrial Projects Surge in Irvine, OC’s Fast-Growth City

Industrial Projects Surge in Irvine, OC’s Fast-Growth City

Irvine, the fastest-growing city in Orange County, is seeing a rebound of industrial projects after decades of limited development. Nearly 2 million square feet of large industrial projects are either under construction... Read more »
For LA Agents, Luxury Home Sales Surge in December

For LA Agents, Luxury Home Sales Surge in December

Los Angeles residential agents ended 2023 on a mixed note — but luxury agents saw a boom in December.  In a year-to-year comparison, December business was good, with a 4.5 percent uptick... Read more »
Mortgage applications surge to highest level in six weeks: MBA

Mortgage applications surge to highest level in six weeks: MBA

Mortgage applications rose to their highest level in six weeks after the 30-year fixed mortgage rate fell to 7.44% last week. Total home loan applications increased 3% for the week ending Nov.... Read more »
Housing Market Sees Surge in Home Prices in 2023

Housing Market Sees Surge in Home Prices in 2023

The housing market is experiencing a significant surge, with more than 80% of metro areas witnessing home price increases in the third quarter of 2023, according to the latest quarterly report from... Read more »
New Home Sales Surge 12.3% in September 2023

New Home Sales Surge 12.3% in September 2023

New Home Sales, commonly referred to as “new residential sales,” is an economic indicator that tracks the sale of newly constructed residences. It is extensively watched by investors since it is seen... Read more »
September Sees 2.8% Median Price Surge

September Sees 2.8% Median Price Surge

The real estate housing market is a complex and dynamic industry that is constantly evolving. While the future is unpredictable, current trends can provide insights into what we can expect in the... Read more »