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Prospective homebuyers that exited the market in 2023 due to high home prices and mortgage rates may fare better in 2024. A new Realtor.com report predicts that the average mortgage rate in 2024 ...
California’s active listings hit 61,000 in September, marking a five-year high and a dramatic 41% increase from the previous year, according to data from Realtor.com cited by Nick Gerli, CEO of ...
Last month, Southern California home prices were 4.3% higher than a year earlier, compared to a recent peak of 9.5% in April. ... Zillow forecasts home prices in November 2025 to be 1.5% higher ...
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 ...
[29]: 1 [23]: 1 [30]: 1 (For California as a whole, from 2011 to 2016, the state added only one new housing unit for every five new residents.) [14]: 1 This has driven home prices and rents to high levels, such that by 2017, the median price of a home across California was more than 2.5 times the median in the U.S. as a whole, and in California ...
Some experts predict that we are approaching a "silver tsunami" in the real estate market. "The 'silver tsunami' is the idea that baby boomers will soon be selling their homes en masse," said Jenna...
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Consumer price increases in California, which averaged 4% last year, should drop to 2.6 this year. The latest national inflation rate , for the 12 months ending in February, was 3.2%, the federal ...