In this report, you’ll find a high level snapshot of the trends shaping the market for each neighborhood across the SoCal region, from the Central Coast to Orange County. The full report is available here: SoCal Q1 2024 Market (Micro) Insights Report The post SoCal Quarterly Market Insights Report: Q1 2024 first appeared on California Real…
In this report, you’ll find a high level snapshot of the trends shaping the market for each neighborhood across Hawai’i. The full report is available here: Hawai’i Q1 2024 Market (Micro) Insights Report The post Hawai’i Quarterly Market Insights Report: Q1 2024 first appeared on California Real Estate Blog.
Market indicators look very positive as the market is warming up in the new year. Click the links below to access monthly market updates by Bay Area region. National Market Report Bay Area Home Price Maps San Francisco San Mateo County Santa Clara County Stanford Circle Cities Marin County Sonoma County Napa County Oakland-Berkeley Inner…
In this report, you’ll find a high level snapshot of the trends shaping the market for each neighborhood across the SoCal region, from the Central Coast to Orange County. The full report is available here: SoCal Q4 2023 Market (Micro) Insights Report The post SoCal Quarterly Market Insights Report: Q4 2023 first appeared on California Real…
In this report, you’ll find a high level snapshot of the trends shaping the market for each neighborhood across Hawai’i. The full report is available here: Hawai’i Q4 2023 Market (Micro) Insights Report The post Hawai’i Quarterly Market Insights Report: Q4 2023 first appeared on California Real Estate Blog.
The 2023 market was characterized by high interest rates, financial market uncertainty, surprisingly strong demand (considering the first two issues), and an extremely low supply of new listings – which maintained upward pressure on prices, even as housing affordability dropped. Sales numbers plunged due to loan rates and the inadequate supply of homes for sale,…
A Sudden, Positive Shift in Economic Indicators “For the third sixth straight week, mortgage rates trended down, as new data indicates that inflationary pressures are receding. The combination of continued economic strength, lower inflation and lower mortgage rates should likely bring more potential homebuyers into the market.” Freddie Mac (FHLMC) Stock and bond markets – which…
Rising Interest Rates Continued to Impact Supply & Demand in October, But Early November Brings Big Shift in Economic Indicators The heart of the autumn selling season was dominated by global conflict, falling stock markets – and interest rates jumping to their highest point in 23 years, further discouraging buyers who require financing, and prospective…
It is our pleasure to bring you the Compass SoCal Q3 2023 Market Report. Third-quarter home sales activity around Southern California declined in part due to interest rates. Exceptions included the Santa Barbara County beach town of Carpinteria where home sales activity increased by 38 percent. An 8 percent decline in the median sales price…
Economic indicators have been challenging since the fall selling season began: Interest rates continued to rise through early October and stock markets generally continued to fall from mid-summer, YTD highs. The country faced yet another threat of a federal government shutdown, which happily didn’t occur, but, unbelievably, another such crisis may soon confront us again….