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...
by Dustin Balloun | Mar 23, 2023 | Market Reports
Prices fell in February for the first time in 131 months, which could bring more buyers to the market just in time for spring, according to NAR’s latest housing report. Existing-home sales ended a yearlong decline in February, posting gains for the first time in 12...
by Dustin Balloun | Mar 21, 2023 | Market Reports
More favorable interest rates perk up California home sales for third straight month in February, C.A.R. reports Existing, single-family home sales totaled 284,010 in February on a seasonally adjusted annualized rate, up 17.6 percent from January and down 33.2...
