by Dustin Balloun | Aug 8, 2023 | Industry News, Market Reports
NAR Economist 2023 Housing Market Trends: Rising Rates and Inflation Rising interest rates and inflation set the stage for a nuanced real estate landscape in 2023, with tempered home price growth and heightened competition on the horizon. Lawrence Yun, NAR’s Chief...
by Dustin Balloun | Aug 2, 2023 | Market Reports
US Pending Home Sales Show Signs of Recovery “The recovery has not taken place, but the housing recession is over.” – Lawrence Yun, NAR Chief Economist Click to enlarge. Key highlights US pending home sales rise 0.3% in June, the first increase since...
by Dustin Balloun | Aug 2, 2023 | Market Reports
California Housing Market Analysis California Housing Market Stays Resilient Amidst Rising Rates and Inventory Shortage Click to enlarge. Key highlights Federal Reserve raises the Fed Funds Rate, marking a significant shift in monetary policy. California’s...
by Dustin Balloun | Jul 25, 2023 | Market Reports
June Market Recap: California’s housing market faces challenges with elevated interest rates and limited listings, impacting home sales for the ninth month in a row. Click to enlarge. Elevated Interest Rates and Limited New Listings Impact California Home Sales...
by Dustin Balloun | Jul 25, 2023 | Market Reports
July, 25 2023 – The Market Minute is an analysis that offers the most up-to-date information on the economy and the housing market. It provides critical highlights and concise insights on industry-related issues every week. California Housing Market Faces...
by Dustin Balloun | Jul 20, 2023 | Market Reports
C.A.R. Reports: California Home Sales Dip in June Due to Interest Rates and Low Listings July 19, 2023 – The statewide median price remains above $800,000 for the third straight month, and the year-over-year price decline is the smallest since January 2023....