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News

March madness: Home prices surge to a record, sales slow with higher rates

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 […]

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News

New year, different market in January with rates rising

More homes are available and they are taking a bit longer to enter escrow, but there are still plenty of home shoppers — and competition.

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News

A chill in the air? Home sales dip, prices fall below $800,000

Home sales have dropped four consecutive months and the median price fell below $800,000 for the first time in seven months.

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CHN Blog

California home-seller profits soar in the third quarter

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.

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News

Home sales cool, prices reach a new record in May

‘We’re seeing many would-be buyers taking a break’ May home sales dipped 2.7% compared to April — but were up 87% from a year ago, though the figure is greatly skewed by the Covid-prompted lockdown that halted most sales in May 2020, according to the California Association of Realtors.  Month-to-month home sales have dropped four […]