by Dustin Balloun | Jun 20, 2023 | Market Reports
SUMMARYJune 20, 2023 – The housing market in the United States faces uncertainties due to a slowing economy and higher mortgage rates. However, there is a notable increase in homeownership rates among below-median income families, reaching 53.4% in early 2023....
by Dustin Balloun | Jun 13, 2023 | Market Reports
SUMMARYJune 13, 2023 – The California housing market is experiencing some ups and downs. While jobless claims have reached a concerning level, pausing rate hikes may provide stability. Foreclosure activity is increasing but remains below levels seen during the...
by Dustin Balloun | Jun 6, 2023 | Industry News, Market Reports
SUMMARYDespite higher mortgage rates and economic uncertainties, the housing market in California, particularly in Ventura County, continues to thrive. The market faces tight inventory, with new listings declining and homes selling much faster than earlier this year....
by Dustin Balloun | May 23, 2023 | Market Reports
SUMMARYThe California housing market experienced a dip in sales due to higher mortgage rates and low inventory. However, there are positive rebound indications, with closed sales projected to increase in May. Housing affordability saw improvement at the start of the...
by Dustin Balloun | May 16, 2023 | Market Reports
SUMMARYThe California housing market faces economic challenges and inflationary pressures, impacting consumer sentiment. However, there are positive signs with increased home purchase sentiment and a decline in mortgage delinquency rates. While concerns remain, the...
by Dustin Balloun | May 9, 2023 | Market Reports
SUMMARYThe California housing market in 2023 is expected to be affected by high-interest rates, inflation, and the possibility of a recession. The job market is predicted to grow moderately, with healthcare and hospitality being notable sectors. However, the risk of a...
