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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 ...
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 ...
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.
Developers built fewer homes in California in 2023, potentially leading to higher prices and rents as a supply shortage worsens.
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.
The Copernicus Programme reported that 2024 continued 2023's series of record high global average sea surface temperatures. [6]2024 Southeast Asia heat wave. For the first time, in each month in a 12-month period (through June 2024), Earth’s average temperature exceeded 1.50 °C (2.70 °F) above the pre-industrial baseline.
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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