California’s low housing inventory squeezes affordability

The California Association of Realtors released its monthly report detailing the state of affairs, with California experiencing a tight supply in inventory that is affecting housing affordability …

New home price peaks in store for the San Fernando Valley

While the Southland Association of Realtors (SRAR) recently stated that median home prices in the San Fernando Valley have hit a temporary plateau; declining supply, high demand and recent month-over-month price growth indicate new price peaks may be r…

San Francisco County home sales to uptick slower, says Pacific Union

One large Bay Area real estate firm expects San Francisco home and condo price appreciation to slow in the coming years, particularly in 2018. This firm, Pacific Union, also forecasts annual existing home sales growth of 1 or 2 percent during both 2016…

Bay Area pending home sales fall by double digits

According to the California Association of Realtors (CAR), during November the number of pending sales, transactions likely to close in the next month or two, fell by nearly 12 percent month-over-month in the region. While month-to-month activity conti…

Houston’s inventory of homes spikes

Record median home prices coupled with a decline in sales activity has aided Houston’s inventory. According to a report from Redfin, the metro experienced a 34.5 percent year-over-year inventory increase in November, the second largest rise in supply n…

Houston sales market hits expected decline

Recent data indicates Houston homes sales activity will decline in December for the third straight month. According to the Houston Association of Realtors, pending single-family homes sales at the end of November totaled 5,617, a 6.3 percent drop from …

LA submarket harvests gains prior to winter

The San Fernando Valley submarket entered its seasonal slowdown in a much better position than a year ago. According to the Southland Regional Association of Realtors, during October the median price of a single-family home was $562,000 – up 7.9 percen…

Home sales higher annually as California market continues to thrive

Across the state of California, pending home sales bounced back from the previous month in October. As a bonus, pending sales were also significantly higher on an annual basis, showing buyer’s hands in plans to close their deals in the next couple of months …

San Francisco housing market continues to grow with activity

As fall approached, the city of San Francisco saw an increase in the number of new single-family listings during September …

Housing market still jumping through July

With the end of summer approaching and many families preparing to send their children back to school, the busy summer selling season usually starts to taper off — but demand is still strong, according to realtor.com’s “Advance Read of July Trends.” …