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 | 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...
