Laguna Beach

California Home Sales Uptick 6 Percent Annually in January

Based on new data from the California Association of Realtors, the State of California existing home sales rebounded in January 2024 to the highest level in six months as mortgage rates pulled back sharply at the end of 2023.

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. 

Demand for Vacation Homes in U.S. Hit 7-Year Low in August

Based on new data from Redfin, mortgage-rate locks for second homes in the U.S. were down 47% from pre-pandemic levels on a seasonally adjusted basis in August, compared to a 33% decline for primary homes.

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.

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