Beverly Hills Real Estate News
Beverly Hills
California Home Sales Uptick in February
Based on new data from the California Association of Realtors, despite a recent uptick in mortgage rates, California's housing market continued to demonstrate resilience in February 2024, reaching sales levels not seen since September 2022.
California Home Sales Remain Stalled in October
Based on new data from the California Association of Realtors, California home sales were essentially flat in October 2023, as the cost of borrowing remained elevated and housing inventory continued to be tight.
Hurricane Hillary Put 1.55 Million U.S. Homes at Elevated Flood Risk This Week
As Tropical Storm Hilary now substantially weakens this week, real estate data provider CoreLogic estimates that approximately 1,553,803 residential homes in the western U.S. were at an elevated risk of inland riverine flooding over the last few days. This includes both single- and multifamily residential properties.
Record Setting 50.7 Million Americans to Travel This July Fourth Holiday
Based on AAA projects, over 50.7 million Americans will travel 50 miles or more from home this Independence Day weekend, setting a new record for the holiday.
