Gridlock?
What’s up with the California housing market? Clearly 2014 was a disappointment and January 2015 started out with a whimper with sales off from the low level of the previous January. At the same time,...
View ArticleCredit Availability: Missing 1.5 Million Loans
March 16, Monday morning, Pacific Time that is, the Realtor University Lecture Series featured Laurie Goodman, Center Director, Housing Policy Center of the Urban Institute, talking about “Credit...
View ArticlePress Release: Lower interest rates and steady home prices ease California...
For the full press release, please visit C.A.R.’s Newstand. Lower interest rates and stabilizing home prices over the past year combined to make it easier for more Californians to purchase a home in...
View ArticleHow Changes in Inventory and Demographics Affect the California Housing Market
Housing inventory is a leading indicator of sales and house prices in California’s regions. C.A.R.’s unsold inventory index (released as part of the Current Sales & Price Statistics page, direct...
View ArticlePress Release: Growth in spring home prices leads to sizable drop in...
For the full press release, please visit C.A.R.’s Newstand. A sharp increase in spring housing demand elevated home prices to levels last seen in late 2007 and reduced California’s housing...
View ArticleEarn a median income in S.F. and hoping to buy a home?
At the end of the second quarter, there were only 40 available units for the median-income household in San Francisco and San Mateo Counties. You’re going to have much more luck in Solano, or...
View ArticlePress Release: Higher interest rates lower California housing affordability...
For the full press release, please visit C.A.R.’s Newstand. Relatively flat home prices weren’t enough to ease housing affordability as higher interest rates reduced the number of Californians who...
View ArticleThe California Market through the Len of Affordability
Relatively flat housing prices and higher interest rates have slightly reduced home-buying affordability for Californians in the third quarter of 2015. California Association of REALTORS®’ (C.A.R.’s)...
View ArticleUnder the Hood of California’s Tight Housing Inventory
Two words alone have, rightly, loomed large in discussions about California’s housing market this year: inventory and affordability. A tight supply of homes available for sale has helped to keep strong...
View ArticleHow Interest Rate Jumps Affect Purchase Decisions and Affordability in CA
Mortgage rates have shot up in the two weeks following the election, moving to highest levels in two years, with the 30-year fixed rate loan at 4.25 percent. This has instantly pushed up the cost of...
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