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For nearly two years now, the COVID-19 pandemic has made the real estate market a major headache for buyers in many parts of the country. Low inventory, paired with high demand, has caused home ...
The data from the California Department of Finance show statewide housing production in 2022 increased 0.85%, the highest figure since 2008. That growth could eventually help combat the high cost ...
Mortgage rates could also take a dip next year, the California Association of Realtors says. ‘Mild’ recession could lower California home prices in 2023. What about SLO County?
Greg McBride, CFA, Bankrate’s chief financial analyst, thinks the 30-year fixed will remain the dominant mortgage product. “A fixed-rate mortgage provides the certainty borrowers want,” he says.
In an episode of “The Ramsey Show,” he took a victory lap on a prediction he made about America’s housing market in July 2022: there was “zero chance” of a housing crash.
Issi Romem, an economist at the Terner Center for Housing Innovation at the University of California, Berkeley said: "...as long as abundant new housing was built to accommodate those drawn to California, housing price growth was limited and the state's allure was channeled into population growth: From 1940 to 1970 California's population grew 242 percent faster than the national pace, while ...
The housing market has been effectively stuck since mortgage rates began their swift climb in 2022. Homeowners lucky enough to lock in rates around 3% in earlier years were suddenly reluctant to ...
The housing market keeps defying expectations. But experts agree that a crash is not imminent. ... (actually quite a big improvement — back in early 2022, that figure was a tiny 1.7 months ...