Near-record-low mortgage rates are making buying a better choice in some areas of the state. Also, luxury home sales soar, bow to the best-selling master-planned community in the state, and apartment rents slide, again.
Also, home-flipping activity slows, rents continue to slide in major cities, wildfires spark insurance rate increases, Paradise home values plummet and equity soars.
Home prices dipped to less than $700,000 for first time in three months, as demand easily outpaced the supply.
Also, millions of California homeowners could save hundreds of dollars every month by refinancing their loan, mortgage applications soar, buying the California dream is more like a nightmare for first-time buyers, and big-city blues for landlords but bargains for renters.
Folks are abandoning the state for a number of reasons, but the moving vans leaving slowed in 2019.
