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The Southern California housing market is downshifting. The average home price in the six-county region fell 0.3% from October to $869,288 in November, according to Zillow, marking the fourth ...
There were 683,000 new homes sold in the U.S. in 2024, per Census Bureau data. That compares to 666,000 in 2023, 641,000 in 2022, 771,000 in 2021, and 822,000 in 2020.
The California Association of Realtors reported August 2024 sales among the lowest on record for the month, despite the expanded options for buyers. The shift is evident in Florida, where some ...
Developers built fewer homes in California in 2023, potentially leading to higher prices and rents as a supply shortage worsens. California is building fewer homes. The state could get even more ...
In January, sales of existing single family homes in California were up 14.4% from December. The statewide median home price in January was $788,940, down 3.8% from December.
California in 2017 is home to an oversized share of the nation's homeless: 22%, for a state whose residents only make up 12% of the country's total population. [ 22 ] : 1 [ 101 ] The Sacramento Bee notes that large cities like Los Angeles and San Francisco both attribute their increases in homeless to the housing shortage.
According to CoreLogic’s predictions, home prices in Redding could rise as much as 7.3% in 2024. Zillow data shows the current average Redding home value is $375,981, down 0.2% over the past year.
After nearly two years of a market cool-down, real estate investors are stepping back into the arena, marking the first increase in home purchases since mid-2022.With a resurgence in California ...