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...
by Dustin Balloun | Feb 28, 2023 | CRMLS News
At a glance: 10,471 Closed Sales per month3,460 Pending Sales per month17,568 New Listings per month793 Registered Listings per month Return to...
by Dustin Balloun | Feb 24, 2023 | Market Reports
Key highlights According to Black Knight, 14 of the 50 largest US markets have seen home prices fall by 6% or more. The San Francisco Bay Area leads the nation with the largest drop in home prices. Softening home prices in some of the most expensive cities will...