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Home affordability dips as mortgage rates rise in the fourth quarter
News

Home affordability dips as mortgage rates rise in the fourth quarter

ByRon Trujillo February 10, 2023February 10, 2023

About one of every six households could afford to buy the median-priced home, the second-lowest percentage on record.

Read More Home affordability dips as mortgage rates rise in the fourth quarterContinue

Should you buy or rent?
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Should you buy or rent?

ByRon Trujillo January 27, 2023February 12, 2023

Higher mortgage rates have made the often-asked question much easier, as monthly house payments demand a lot more money than rent in many cities in California. Find out how much by region.

Read More Should you buy or rent?Continue

A holiday gift for buyers in December: Lower rates and price cuts
News

A holiday gift for buyers in December: Lower rates and price cuts

ByRon Trujillo January 19, 2023February 12, 2023

The months-long standoff between buyers and sellers continued in December, but a dip in mortgage rates encouraged more buyers to test the cool waters.

Read More A holiday gift for buyers in December: Lower rates and price cutsContinue

California home sales plunge to a 14-year low in October
News

California home sales plunge to a 14-year low in October

ByRon Trujillo November 17, 2022February 14, 2023

California home sales plummet to the lowest level since 2008 and prices decline for the second consecutive month.

Read More California home sales plunge to a 14-year low in OctoberContinue

Two reports, one result: A lot more money is needed to buy a home in California
News

Two reports, one result: A lot more money is needed to buy a home in California

ByRon Trujillo November 16, 2022February 22, 2023

Higher mortgage rates are affecting home prices, but fewer buyers are able to afford a home as the monthly mortgage payment has increased by at least 33% in California.

Read More Two reports, one result: A lot more money is needed to buy a home in CaliforniaContinue

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