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Heres a Market Update Post from car.org website. link: https://www.car.org/marketdata/marketminute June 14, 2021 Housing has been on the leading edge of economic growth since the recovery began, but several signs show that a hot market is causing the market to moderate earlier than normal. Closed sales are likely to exhibit high double-digit growth for ...
The federal government has approved a plan by the Tejon Indian Tribe to operate a Hard Rock Casino resort 14 miles south of Bakersfield. Now it is up to Gov. Gavin Newsom, who must concur with the decision before the plan can become a reality. “From the start of our relationship with the United States government in 1851, our Tribe has fought for a homeland for our people. Today we are ...
Courtesy of The Los Angeles Daily News By HAYLEY MUNGUIA | hmunguia@scng.com | Long Beach Press-Telegram PUBLISHED: August 2, 2021 at 5:43 p.m. | UPDATED: August 2, 2021 at 5:51 p.m. Many renters are concerned about their futures as the federal eviction moratorium — put in place last year to keep tenants in their homes during the c...
Courtesy of Tim Burke On November 3, 2020, California Proposition 19 passed with over 51% of the 15 million votes cast. Taking effect on April 1, 2021, the passage of Proposition 19 ushers in an unprecedented tax benefit for Californians aged 55 years and older. [What this means is that] an individual [of] 55 years or older can take their current tax assessment with them on the purchase o...
ERIK J. MARTIN BANKRATE.COM UPDATED AUGUST 05, 2021 11:18 AM The dog days of summer have officially arrived. But while temperatures are likely to soar higher across much of the country in the coming weeks, mortgage interest rates probably won’t. That’s good news for many buyer candidates and homeowners seeking a purchase loan or refi, of course. Mortgage rate...
Laura Woods Sun, August 15, 2021, 5:00 AM·5 min read It’s no secret that the COVID-19 pandemic has turned the real estate market into a wild domain. If you’re looking to buy or sell a home, you’re likely eager to know how long this will last. In June 2021, home prices across the U.S. surged 24.8% year-over-year — to a median sale price of $386,888 —...
August 16, 2021 August 16, 2021 John Maseredjian Vice President of JohnHart The month of July finished off with some slightly lackluster statistics, surprisingly not only in the condo/townhouse market but also in the Single Family Residence (SFR) market as well. After what can only be described as a two-year crush in SFR listing inventory in Los Angeles County, it a...
BY LANCE LAMBERT August 5, 2021 11:04 AM PDT Breakneck. That's the best way to describe the pace of the 2021 housing market. The bidding wars got so intense this year that home price growth set an all-time record. But the tide is turning. The rush of buyers into the housing market during the pandemic absolutely crushed housing inventory—the number of homes o...
By Jess Bravin and Brent Kendall Updated Aug. 27, 2021 8:35 am ET WASHINGTON—The Supreme Court on Thursday lifted the latest federal ban on evictions during the Covid-19 pandemic, siding with landlords against a moratorium the Biden administration imposed this month despite questions about its legality. Three liberal justices dissented. The Centers for Di...
