California Real Estate market

The California housing market is staying hot, but cooling off some. There will be a seasonal slowdown coming up, but there is also some buyer burnout. Mortgage rates are still great, and any normalization of the supply/demand equation will be healthy for the market. If you are in the Los ... » Learn More about California Real Estate Market at a Glance July 2021

The California real estate market stays hot. Inventory is building slightly, but still very tight. Rates have been coming down from a few months ago, offsetting some of the escalation of valuations. Many qualified buyers have been either priced out of the market, or have been frustrated losing out ... » Learn More about California Real Estate Market at a Glance June 2021

California Housing maintains its record-setting pace with the state's Median Price up 39% year over year to $818,260. What skews that number is that's not the "Average Price"... but half the sales are more than that number, half for less. Because there are more multi-million dollar properties ... » Learn More about California Real Estate Market at a Glance May 2021

The supply and demand inequalities continue to drive the median residential real estate prices higher across California. Even though added housing stock would be advantageous to handle the pent-up demand, builders are having issues finding skilled labor, having supply chain issues getting ... » Learn More about California Residential Real Estate Strongest Price Growth Ever Recorded

The most note worthy elements of the California March 2021 housing statistics are the Median price is up 24% year over year, the unsold inventory is down 40% compared to last year and the median time on the market is only 8 days. No doubt the property values will continue to appreciate at a high ... » Learn More about California Real Estate Market at a Glance March 2021