Market Minute, January 6, 2020
November sales of existing family home increased over 5%, while median home price increased over 6%, from one year ago. Housing permts and new construction starts have increased as well. read more at the link . . .
Market Minute Dec 2
Home prices rose faster in smaller cities, they experienced greater home price appreciation in the last year compared to home in the 20 major citites.
Market Minute Nov 25
California and New York have the largest apartment units in the nation, read more at the link
Market Minute Nov 18
Mortgage delinquencies fall to lowest level in 25 years, minority homeownership improved in 3rd quarter for African and Hispanic Americans, read more at link . . .
Market Minute Nov 11
Trade deficit gap larger in 2019 than 2018, Los Angeles rents at current median rents of $1300-$1800 range, read more at link
Market Minute Oct 28
The 30-year fixed-rate mortgage (FRM) increased from 3.69% the week prior to 3.75% the week ending on October 24. Read more at link . . .
Market Minute Oct 21
Home prices increased nationally by 3.6% compared to one year ago, see more at link . .
Market Minute September 30
Calif. median home price jumped over 3% to all time high; new home building is at highest rate since 2007; mortgage interest rates decreased, but so did mortgage applications . . . read more at link
Market Minute September 23
Home building activity increases highest since 2007, with 30% increase in multifamily construction, while national home sales rise . . .
Market Minute Sept. 16
July home prices increased over 3%, Los Angeles area rents growing slower than the national average ... read more at link
Market Minute August 12
Recent increase in housing formation, lowered interest rates, make better housing market. Los Angeles still low on approved housing construction; mortgage rates dropped as low as 3.60%, read more at the link . . .
Market Minute July 29th
In June, existing home sales dip but new home sales increase; jobless claims drop to lowest level in 3 months
Market Minute July 22
California median home price up slightly from May of 2018; housing permits fall to lowest level in 2 years, read newsletter at the link . . .
Market Minute July 16
Calif. Assoc. of Realtors upgrades its annual forecast at last week's midyear presentation to even better sales and faster price growth than predicted last Fall; FHA bill clears the House allowing 1st time buyer to receive discount on mortgage insurance premiums, read more at link; mortgage delinquency lowest in over 20 years . . . .
Market Minute July 8
Home prices increased 3.6% from one year ago, additional increase predicted to 5.6% by May 2020; tariff worries have some impact on manufacturers and service sectors; jobs added in June; see newsletter at the link . . . .
Market Minute June 3
Weak home-price gains, falling sales, Americans cut back on spending, and mortgage applications decreasing
Market Minute May 20
California's housing market, although not surging ahead, is looking much less scary than it did during the first quarter
Market Minute May 13
Slow but upward trending price growth, widening trade deficit, mortgage applications slightly up
The latest reported existing home sales series, median home prices, unsold inventory index, median time on market, first-time buyer housing affordability index, and the latest mortgage rates
Market Minute Feb 11 2019
Housing and Real Estate articles on the Economy - Mortgage rates in 3 month low - national home prices slow. Articles from Wall Street Journal, Housing Wire, CNBC, and more. see the link
Market Minute Feb 4 2019
Downloadable articles from Wall Street Journal, Freddie Mac, Housing Wire, etc., on subdued mortgage rates, lower consumer confidence, construction spending, and more at the link
Market Matters, January 17, 2019
Builders offering discounts in a slowing market; what is in the new Governor's housing budget?; mortgage rates remain reined in, see more at link
Market Matters, January 3 2019
Bay Area housing, more expensive and getting less; home renovation projects are going DIY; San Diego County renters spending 30 percent and more on rent;