Category Archives: Real Estate
First-time buyers find newer homes to choose from
Source: Realtor.com Sales of cheaper newly constructed homes, which buyers have been clamoring for, dropped in September, according to the U.S. Commerce Department’s new residential sales report. In fact, just 2 percent of all new home sales...
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Talking Points
More millennials entering their prime homebuying years, rising household formation, and continued job gains boosting overall demand are expected to be behind the slight increase in existing-home sales in 2017, according to a residential...
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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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