California has the most at-risk markets in the U.S.
Inland communities, from Chico to Riverside-San Bernardino counties, are the most at-risk housing markets in California.
California has the most at-risk markets in the U.S.
Inland communities, from Chico to Riverside-San Bernardino counties, are the most at-risk housing markets in California.
A brief dip in rates boosts August home prices and sales
A short-lived drop in mortgage rates bumped prices and sales, but both will continue to slow in the coming months.
Mortgage activity has the largest percentage decline since 2008, but down payments soar
Higher rates are causing many home shoppers to pull back on their plans, with mortgage activity plummeting during the second quarter. But those who are buying, are putting down record-setting down payments.
Real estate investors are pulling back on buying homes
Institutional investors have been crunching data and finding out that buying and leasing out homes does not generate the same head-turning returns.
MORTGAGE RATES
6.29% vs. 3.41% a year ago
MEDIAN PRICE
$839,460, up 1.4% from a year ago
DAYS ON MARKET
19 days vs. 9 days a year ago
OTHER RECENT POSTS
THE CHN BLOG: Bite-sized news on housing data and trends
California has the most at-risk markets in the U.S.
Inland communities, from Chico to Riverside-San Bernardino counties, are the most at-risk housing markets in California.
Foreign buyers are spending more, buying less in California
More foreigners are discovering America, again. Well, the nation’s real estate to be more specific. Foreign investors bought a combined $59 billion of homes in the United States from April 2021 through March 2022, an 8.5% increase from the previous year and ending a three-year skid of slumping sales. Record-high prices – from Portland, Maine,…
Affordability tumbles to a 15-year low and the majority of homes for sale are ‘stale’
Higher mortgage rates are affecting the number of households that can buy a home, with the Bay Area now more affordable than other regions in the state.
California dreaming: 20% of ‘emerging’ housing markets in U.S. are in the state
Affordability and appreciation are possible in California. At least in some of the cities listed by the Wall Street Journal/Realtor.com Emerging Markets report.
Home sales slow in master-planned communities in California
Plus, The One is done (in a couple of ways), home flipping profits tumble, and pocket (also known as secret) listings increase.
What is the best home search website?
GOOD TO KNOW
Mortgage activity has the largest percentage decline since 2008, but down payments soar
Higher rates are causing many home shoppers to pull back on their plans, with mortgage activity plummeting during the second quarter. But those who are buying, are putting down record-setting down payments.
Real estate investors are pulling back on buying homes
Institutional investors have been crunching data and finding out that buying and leasing out homes does not generate the same head-turning returns.
Bank of America to help families buy their first homes in some Black and Latino areas
Bad credit, no down payment? No problem. Bank of America announces plan to help first-time buyers in some Black and Latino neighborhoods in Los Angeles.
