Category Archives: Economy
Californians fleeing high cost of housing
Source: Mercury News For every home buyer coming into California, another three are selling their homes, packing up and moving out, according to data analysis firm CoreLogic.The trend of out-migration was also noted in a separate trio of...
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Housing is now unaffordable in many rural parts of California
Source: KPCC Radio Inland, rural parts of California are becoming increasingly unaffordable too, according to a new report by the McKinsey Global Institute. The report found it is nearly as expensive to live in Watsonville, a small farming...
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Why a lot of people are moving out of California
Source: CNN Money For every home buyer coming into California, there are three households selling and moving elsewhere, according to data analysis firm CoreLogic. California's housing market is one of the most expensive in the...
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California pending home sales rise in September
Source: C.A.R. California pending home sales improved from the previous month and year, however, overall market conditions appear to be slowing down and closed transactions plateauing, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)...
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California home sales register nominal annual increase in September
Source: C.A.R. California existing home sales ticked up in September on a year-over-year basis for the first time in seven months as a shortage of homes available for sale continues to hold back the market, the CALIFORNIA ASSOCIATION OF REALTORS®...
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