by Dustin Balloun | May 9, 2023 | Market Reports
SUMMARYDespite the challenges the California housing market has faced, such as tight inventory, recent banking turmoil, and concerns over economic growth, market activity is gradually increasing. The share of those having listing appointments, entering escrow, and...
by Dustin Balloun | May 2, 2023 | Market Reports
SUMMARYVentura County’s labor market faces several challenges, including a declining population, net out-migration, and a restrictive impediment to new growth represented by SOAR. Although the unemployment rate is low, unfilled job openings remain high, and job...
by Dustin Balloun | May 2, 2023 | Market Reports
SUMMARYThe latest housing market report indicates that California’s real estate market is still under pressure, with an uptick in mortgage rates threatening to impact home sales. Sales of existing single-family homes have taken a step back, while mortgage...
by Dustin Balloun | Apr 18, 2023 | Market Reports
HOUSING SUMMARY According to a new report, the California housing market faces challenges ahead of the spring home-buying season. REALTORS® are experiencing a drop in listing appointments, resulting in fewer properties being listed for sale. The report also highlights...
by Dustin Balloun | Apr 11, 2023 | Market Reports
SUMMARYBased on the latest economic data, the US labor market appears to be gradually slowing down, with the job count declining from the prior month. However, the March report was still considered strong overall. Although wage growth inched up, it did so at the...
by Dustin Balloun | Apr 4, 2023 | Market Reports
SUMMARYThe California housing market report highlights that despite a recent slowdown in economic growth, the economy is showing resilience due to a strong labor market pushing real wages higher. However, actual spending is losing momentum, and demand may soon...
