San Clemente Real Estate News
San Clemente
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.
California Home Sales Slide 21.5 Percent Annually in September
Persistently high mortgage rates continue to hobble California's housing market as home sales fell for the fourth consecutive month in September 2023, while the median price rose from the year-ago level for the third straight month to record its largest year-over-year gain in more than a year.
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.
