Main Content

HOME SELLERS DROP PRICES IN PANDEMIC HOT SPOTS

Home sellers across the country — including those in formerly scorching hot pandemic-fueled markets — have had to adjust expectations and drop prices as home buyers lose purchase power to rising mortgage rates. More than 40% of home sellers...

Read more

DEMAND FOR SECOND HOMES TAKES A SHARP DOWNTURN

Sky-high prices, loan-fee increases and financial-market weakness are putting a dent in demand for vacation homes, which soared during the pandemic. There’s still more demand for second homes than there was before the pandemic. Demand for...

Read more

WILL HOUSING INVENTORY FINALLY INCREASE THIS YEAR?

Survey data suggests some relief is on the horizon for Americans grappling with one of the worst housing shortages of all-time. Almost two-thirds (64%) of prospective 2022 sellers anticipate listing a home within the next six months and with hi...

Read more

WILL RISING MORTGAGE RATES CAUSE HOME PRICES TO FALL

Buying a home just became a lot more expensive—and it’s expected to only get worse in the coming months. Mortgage interest rates surged to their highest point since March 2020—the earliest days of the coronavirus pandemic—indicating ...

Read more

CALIFORNIA PLANS FOR 2.5 MILLION NEW HOMES BY 2030

California needs to build 2.5 million homes by the end of the decade to address the state’s current housing shortage, more than double the goal from the last planning period, state housing officials announced Wednesday, March 2. Of those, ...

Read more

HOMES ARE SELLING FAST THAN EVER BEFORE

Anyone out there searching for a new place to live knows there is not much to buy. Total supply and new listings are at record lows, and that means that what is on the market now is selling fast. Really fast. The average home spent just 61 d...

Read more

U.S. RENTAL MARKET HITS DOUBLE-DIGIT GROWTH

New data shows national rents grew five times faster in 2021 than in 2020, on average, according to Realtor.com’s December rental report. In December, rents notched the sixth straight month of double-digit yearly increases nationwide and surg...

Read more

CALIFORNIA 2021 HOUSING MARKET RECAP

The real estate market in California largely mirrored the nationwide trends in 2021, with home prices rising by double digits in the outlying suburbs and smaller metro areas like Riverside and Sacramento. In city markets like San Francisco, the...

Read more