Home-sellers pocket huge profits, buying at the dip
Plus, bidding wars are definitely the norm, home-improvement projects that (mostly) pay off, affordability drops as prices soar, and CalHFA will boost income limits in some counties.
First-time buyers snatch up more homes in California
Plus, bidding wars and increasing competition for homes is the new norm in many markets in California. And the Biden administration extends a ban on foreclosures for federally backed mortgages until June 30.
