Top-selling master-planned communities
California has some of the best-selling master-planned communities in the state. Which one holds the Golden State title?
Also in the blog:
Red-hot market will cool off
Economists and real estate experts say several cities are likely to suffer from fewer sales, lower values in 2020.
Also in the blog:
Listings plunge, home prices soar in December
Active listings plummeted by more than 20% for the second consecutive month, greatly increasing competition for homes — and lifting prices by more than 10%.
January is the new April for home shopping
More consumers are starting their home search in January — and what that means for you.
Also in the blog
Home affordability improves in the third quarter, sort of
Bigger paychecks and smaller mortgage rates help, but only 31% of households could afford to purchase during the third quarter.
What regions are most at risk for wildfires?
Nine of the nation’s 15 metro regions with the highest risk of wildfires are in California, threatening the state’s residents and economy.
Big cities, small spaces for renters in some cities
Rents are bigger while living spaces are shrinking. Pint-sized units are all that many consumers can afford in several cities in California.
Housing by the numbers
Mortgage rates
Rates fell to the lowest level in three years (yep, 2017) for the week ending Feb. 6:
30-year: 3.45% vs. 3.51% a week ago
15-year: 2.97% vs. 3.00% a week ago
Source: Freddie Mac
A decade of price gains
California’s median home price reached $605,280 in October, a 42% increase from the $427,180 in 2009.
Other news
California had five of the top 20-selling master-planned communities in the U.S. Also, the state adds some cities to the million-dollar list, but a few fall off. What makes more sense, buying or renting?
Home prices increased at the largest pace in almost six years in December, helped by a dramatic decline in homes on the market in California.
Economists and real estate experts say several California cities could endure lower home prices and values. Also, impressive home price growth during the past decade and affordability is a major problem in the state.
New calendar, new home for many home-shoppers. Also, rent control starts, Fannie and Freddie less friendly, home equity growth takes a break and home-flipping profits tumble.
Active listings dropped for the fifth straight month, forcing buyers to pay more with the slumping supply and the surging demand.
About one of every thee mobile homeowners have the wrong title. A program aims to fix the issue and has been extended until Dec. 31, 2020.
Federal housing finance agency approves higher lending limits for mortgages, buying a home in December is a savings gift and soaring rents result in less space.
A tale of two markets when it comes to luxury home prices. Also, Bay Area home sellers net nifty profits and apartment rents in California among most expensive in U.S.