by Dustin Balloun | Jun 27, 2023 | Market Reports
Click to enlarge. California Housing Market Forecast: Tight Supply and Optimistic Outlook The California housing market grapples with tight supply, resulting in fewer sales and high home prices, while affordability remains a challenge. However, there are positive...
by Dustin Balloun | Jun 21, 2023 | Market Reports
SUMMARYJune 21, 2023 – California’s housing market rebounded in May, with home sales reaching their highest level in eight months and the statewide median home price surpassing $800,000 for the second consecutive month. The market showed resilience and...
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...
