Laguna Beach Real Estate News
Laguna Beach
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 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.
Laguna Beach Property News
Commercial, Multifamily Mortgage Delinquency Rates Remained Low in Late 2021
Posted on March 23, 2022