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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 ...
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...
The Southern California housing market is downshifting. The average home price in the six-county region fell 0.3% from October to $869,288 in November, according to Zillow, marking the fourth ...
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
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 ...
The population of California on January 1, 2024, was estimated to be 39,128,186, according to the California Department of Finance. The population increased by 67,024 from 2023, the first rise in population since 2020.
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 ...