According to the National Association of Realtors' newly released 2019 U.S. Vacation Home Counties Report, increased financial wealth and low mortgage rates boosted the demand for and price of vacation homes.
According to the California Association of Realtors, after rebounding in May, California home sales fell below the benchmark 400,000 level in June 2019 as sales declined from both the previous month and year.
After last week's two significant 6.4 and 7.1 earthquakes in Southern California, people are being reminded of the significant damage that earthquakes can cause the State's housing industry.
In recognition of June being national LGBT Pride Month, the National Association of Realtors has recently released its first-ever Profile of Lesbian, Gay and Bisexual Buyers and Sellers.
California home sales bounced back in February 2019, after hitting the lowest sales level in more than 10 years the previous month. February's annual sales level were the highest in six months.
Zillow is reporting this week that a limited U.S. housing inventory and rapid price appreciation have kept sellers firmly in the driver's seat for several years as the United States recovered from the housing market collapse in 2008.
According to a consumer survey released by the California Association of Realtors, despite affordability challenges, California renters continue to hold homeownership in high regard and aspire to purchase a home eventually.
According to ATTOM Data Solutions recent analysis of what California's housing market would look like if the state is split into three new states per a proposal that has qualified for the state's November 2018 ballot.
According to the California Association of Realtors, California's median home price reached a new high in May 2018, while home sales retreated both on a monthly and annual basis, wiping out most of the gains posted for the year.
According to the California Association of Realtors, California's spring housing market posted mixed results as home sales cooled in April 2018, yet home prices continued to accelerate, especially in the San Francisco Bay Area region.
Despite consistently low inventory levels and faster price growth, existing-home sales bounced back in February 2018 after two straight months of declines. Sizeable sales increases in the South and West offset declines in the Northeast and Midwest.
According to the California Association of Realtors, led by the San Francisco Bay region, California home sales registered healthy gains in February 2018 on both a monthly and annual basis after January's weak start.
According to the California Association of Realtors, after hitting a 10-year low in third-quarter 2017, slightly lower home prices and steady mortgage rates allowed more Californians to purchase a home in the fourth quarter of 2017.
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.
According to the National Association of Realtors, existing-home sales in the U.S. increased in October 2017 to their strongest pace since earlier this summer, but continual supply shortages led to fewer closings on an annual basis for the second straight month.
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.
With the economy expected to continue growing, housing demand should remain strong and incrementally boost California's housing market in 2018
According to Zillow, first-time homebuyers in the U.S. will have better luck in the Southeast if they are looking for a more affordable home.