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WILL HOUSING INVENTORY FINALLY INCREASE THIS YEAR?

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...

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WILL RISING  MORTGAGE RATES CAUSE HOME PRICES TO FALL

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 ...

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CALIFORNIA PLANS FOR 2.5 MILLION NEW HOMES BY 2030

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, ...

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HOMES ARE SELLING FAST THAN EVER BEFORE

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...

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U.S. RENTAL MARKET HITS DOUBLE-DIGIT GROWTH

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...

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CALIFORNIA 2021 HOUSING MARKET RECAP

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...

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QUALIFYING FOR A MORTGAGE  MAY BE EASIER IN 2022

QUALIFYING FOR A MORTGAGE MAY BE EASIER IN 2022

Interest Rates Are Rising—but the Fed’s Actions Could Make It Easier To Get a Mortgage This week’s increase to the benchmark mortgage rate is likely just the beginning. The Federal Reserve is scaling back its stimulus activities at a q...

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HOW INFLATION IS AFFECTING THE HOUSING MARKET

HOW INFLATION IS AFFECTING THE HOUSING MARKET

Inflation is a red-hot topic right now, and for good reason: In October, the annual inflation rate rose to an alarming 6.2%. That’s the highest it’s hit since November 1990, over 30 years ago, and a steep uptick from the manageable 2% that ...

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HOMEBUYER BIDDING WARS DROP TO 2021 LOW

HOMEBUYER BIDDING WARS DROP TO 2021 LOW

In September, 58.9% of home offers faced competition—a record low for 2021. That’s down from a revised rate of 60.8% in August and a peak of 74.3% in April. September marked the 5th straight month of declines, putting the bidding-war rat...

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