One of every three homes sold in California topped $1 million in the first month of spring Homebuyers played beat-the-higher mortgage rates and created some March madness, lifting home prices to a record of almost $850,000 – and sending a clear message that the hot housing market is far from cooling down. An adjusted annualized […]
More homes are available and they are taking a bit longer to enter escrow, but there are still plenty of home shoppers — and competition.
Affordability depends on where you live — and how much money you earn. San Jose is more affordable than Los Angeles and Orange County.
Home sales have dropped four consecutive months and the median price fell below $800,000 for the first time in seven months.
Plus, the Great Escape slows, prices for new homes out of reach for many in Sacramento, and four cities that make the Livability.com grade.