According to the California Association of Realtors, amid the lowest housing inventory levels in more than 13 years, California existing home sales still eked out a year-over-year gain, while the median sales price posted a solid annual increase.
The National Association of Home Builders reported this past week their NAHB Remodeling Market Index posted a reading of 60 in the fourth quarter of 2017, up three points from the previous quarter and only the second time since 2001 the reading has reached 60.
According to Zillow, the total value of all homes in the United States in early January 2018 is now $31.8 trillion after gaining $2 trillion in 2017. The cumulative value of the U.S. housing market grew at its fastest annual pace.
According to the American Institute of Architects, even with the uncertainty related to recently signed tax reform legislation that likely will have a mixed effect on the construction industry, design services at architecture firms remains in high demand.
California Realtors are not happy with the GOP's most recent version of the tax reform bill now up for vote this week. "The final tax reform bill released punishes homeowners and weakens homeownership"
Strong international investor appetite for logistics real estate fueled by e-commerce growth and demand for last-mile logistics, combined with an abundance of institutional capital in the global market, is driving increased investment...
A total of 86,242 homes in Ventura and Los Angeles counties with a combined reconstruction cost value (RCV) of $27.7 billion are at some level of risk from the Thomas, Rye and Creek Wildfires.
California's home sales lost momentum in October 2017 to post the first back-to-back annual sales decline in more than a year as a stubbornly low supply of available homes for sale continued to plague the market.
San Francisco, which has been the nation's least affordable housing market for nearly five years, was supplanted by Los Angeles in the third quarter of 2017.
According to the California Association of Realtors, California pending home sales dwindled for the third consecutive month in September 2017, suggesting that the housing market will slow as the end of the year winds down.
According to CBRE, Tokyo, New York and Los Angeles are the world's largest commercial real estate investment markets, with the global stock of investable commercial real estate assets standing at $27.5 trillion.
According to CBRE, strong fundamentals, growing sophistication of logistics facilities and e-commerce growth has led to a surge in foreign industrial investment in the U.S.
According to the National Association of Home Builders/Wells Fargo Housing Market Index, U.S. builder confidence in the market for newly-built single-family homes rose four points to a level of 68 in October 2017. This was the highest reading since May 2017.
With the economy expected to continue growing, housing demand should remain strong and incrementally boost California's housing market in 2018
According to a new report by Zillow, federal housing vouchers in the U.S. for low-income renters are too low to cover the market rent in many of the nation's job centers - making them unusable for millions of renters seeking assistance to cover housing costs.
According to a report by real estate consultant JLL and The Business of Cities, London, New York, Paris, Singapore, Tokyo, Hong Kong and Seoul are among the seven most competitive cities in the world.
According to Zillow, holding onto your home for a long period of time over the last decade meant a serious return on investment, especially in some of the nation's hottest housing markets.
According to Zillow, nearly one in 20 residential ZIP codes in the U.S. meets the definition of a $1 Million Neighborhood, meaning at least 10 percent of the homes there are worth seven figures or more.