La Jolla Real Estate News
La Jolla
California Home Prices Continue to Set New Records in March
Housing demand in California remained strong in March 2022 as the effects of rising interest rates have yet to be borne out while the statewide median home price sets another record high, primarily due to a surge in sales of higher-priced homes.
$25 Billion to be Invested in Healthcare Real Estate in 2022
According to a new CBRE survey, investors are planning to allocate more capital to healthcare real estate in 2022, highlighting rising confidence in these resilient asset classes, including life sciences real estate, medical office buildings, and ambulatory service centers.
California Home Sales Dip 8.2 Percent Annually in February
Despite higher interest rates alongside geopolitical uncertainty caused by the Russia-Ukraine conflict, California's housing market continued to maintain a solid sales pace even while the number of homes sold were lower than last year's unusually strong market.
Mortgage Applications Dip in Mid March
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending March 11, 2022, U.S. mortgage applications decreased 1.2 percent from one week earlier.
