Categories
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 […]

Categories
CHN Blog

Housing bubble or new normal? 15% of cities are $1 million market

Plus, California is a costly place to live, except when it comes to property taxes, at least compared to many other states. The nation’s leading mortgage lenders. And homes are selling at a record sprint.