Laguna Beach Real Estate News
Laguna Beach
Despite Coronavirus, U.S. Homeowners Gained Record $1.5 Trillion of Equity in 2020
According to CoreLogic's latest Home Equity Report for the fourth quarter of 2020, U.S. homeowners with mortgages (which account for roughly 62% of all properties) have seen their equity increase by 16.2% year over year.
California Home Sales Start 2021 with 22 Percent Spike Over Last Year
The California Association of Realtors reported this week that the State's housing market kicked off the year on a positive note, following up on December's strong showing with double-digit price and sales growth on a yearly basis in January 2021.
California Home Sales Set 15-Year Record in November
Despite ongoing Coronavirus lockdowns for months in California, home sales remained high in November 2020, breaking the 500,000 sales benchmark for the first time since January 2009. This is the highest sales level in 15 years, says the California Association of Realtors.
California Home Prices Break Another Record in July
California's housing market continued to recover as home sales climbed to their highest level in more than two and a half years in July 2020, while setting another record-high median home price.
