San Diego Real Estate News
San Diego
Pending Home Sales in U.S. Slow Mid-2021
National property broker Redfin is reporting that U.S. pending home sales climbed 7% during the four-week period ending September 12, 2021, the smallest year-over-year increase since June 2020.
California Home Sales Continue to Slow in July
According to the California Association of Realtors, California's housing market slowed for the third straight month in July 2021, with both home sales and prices tempering from the heated market conditions seen over the past year, while still staying above pre-pandemic levels.
Mortgage Credit Availability in U.S. Upticks in August
The Mortgage Bankers Association latest Mortgage Credit Availability Index (MCAI) revealed this week U.S. mortgage credit availability increased in August 2021.
Mortgage Banker Profits Decline in Second Quarter
According to the Mortgage Bankers Association's latest Quarterly Mortgage Bankers Performance Report, independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $2,023 on each loan they originated in the second quarter of 2021
