SoCal Home Prices Down For Fifth Consecutive Month
The six-county region’s typical home price dropped 0.9 percent from October to $815,911 last month
The six-county region’s typical home price dropped 0.9 percent from October to $815,911 last month
Annual median home prices are expected to increase by just 0.3 percent—except in California…
Analysts also expect 30-year fixed mortgage rates to gradually decline to around 5.8 percent by the end of the year
Nearly 60,000 home-purchase agreements fell through, equal to a record 17.9 percent of homes that went under contract
The median home sale price has fallen 8.4 percent since reaching an all-time high in June, according to Redfin
The association anticipates a 7.2 percent decline in California home sales next year
Home sales predicted to fall by nearly 21 percent while the lender also anticipates price declines
The $8,800 per listing decline is the largest drop since 2009
Yearly listing price growth remained in the double-digits
The latest Case-Shiller report found the U.S. National Home Price Index rose 15.8 percent year-over-year
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