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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 ...
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...
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...
BY THE TIMES EDITORIAL BOARD AUG. 22, 2021 3 AM PT For decades now, California leaders have been stuck in a low-density, single-family, not-in-my-backyard 20th century mindset. The result is a deep housing shortage that is driving more Californians into poverty, worsening inequality and hurting economic opportunity. The staggering cost of buying or renting a home in Cali...
By tell us daily August 31, 2021 California’s housing scarcity has turn out to be a focus of the race to exchange Gov. Gavin Newsom, as candidates vow to turbo-charge dwelling constructing by slashing bureaucratic hurdles for builders and streamlining development approvals. Between now and Sept. 14, voters may very well be contemplating the state’s astronomic...
