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Housing Market Update – from Cary Hairabedian at Remax Real Estate
Housing Market Update – from Cary Hairabedian at Remax Real Estate As California entered its second month of reopening under phase 2, the recovery is proceeding at a cautious pace. While the rebound in the economy is uneven, the housing m...Low rates could carry the housing market after Coronavirus
Low rates could carry the housing market after coronavirus In Fannie Mae’s most recent Housing Forecast, the mortgage giant has some pretty bold predictions about the future of mortgage rates. It says the average interest rate for 2020...Housing Affordability Index Fourth Quarter 2019
Los Angeles County: 27% - Median home price: $617,310 – improved from 24% one year earlier Orange County: 26% - Median home price: $828,000 – improved from 20% one year earlier Riverside County: 41% - Median home price: $420,000 – i...SOUTHERN CALIFORNIA MARKET UPDATE Buyer competition fuels 16% jump By Jeff Collins
A recent rebound in the Southern California housing market took off with a vengeance in December, thanks to the double whammy of low mortgage rates and a drop in the number of homes for sale, new data from the California Association of Realtors...The housing market could continue to prop up the US economy in 2020 even if concerns about Iran and trade talks with China dampen confidence for American businesses.
A healthy job market and low mortgage rates have made homes more affordable for many consumers. In October, housing prices rose 3.3% annually, according to the most recent S&P CoreLogic Case-Shiller US National Home Price NSA Index, whic...
The New California A.D.U. (Accessory Dwelling Units) Laws for 2020
Next year will be big for ADUs in California. On January 1, 2020 a series of laws will go into effect that revise and relax the laws governing ADUs. The new laws are intended to help address the housing shortage in California and make ADU devel...Orange County Housing Report August 26, 2019
Many buyers and sellers have been holding out, anticipating a shift in the market, but it appears home prices may not be changing anytime soon. Many buyers and sellers have been delaying, hoping for a change in the market. Of course buyers w...Orange County, Ca. Real Estate Market Update July 15, 2019
Many economic forecasters are beginning to talk about a robust second half to the 2019 real estate market. They point to the tremendous drop in interest rates as a catalyst to a strong increase in buyer demand. Their analysis is that rates have...