Tag: housing market
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Here’s how to fix the housing market inventory crisis
The U.S. housing market is in the midst of an inventory crisis. The number of homes for sale in the U.S. is hovering near record lows, caused by a pandemic-induced housing inventory death-spiral.
California housing market outperforms expectations, breaking record high median price for fourth straight month, C.A.R. reports
California's home-buying season extended further into September as home sales climbed to their highest level in more than a decade, and the median home price set another high for the fourth straight month, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)
Full impact of coronavirus pandemic hits California housing market in May, C.A.R. reports
California home sales fell to the lowest level since the Great Recession as the housing market suffered the full impact of the coronavirus pandemic in May and remained below 300,000 for the second straight month, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said.
California housing market feels full brunt of coronavirus outbreak in April, C.A.R. reports
Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 277,440 units in April, according to information collected by C.A.R. from more than 90 local REALTOR®
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