Tag Archives: Real Estate

U.S. homebuyers took out 86,604 mortgages for second homes in 2024, a five-percent year-over-year drop, and the lowest number of second mortgages since 2018, a recent report as found. That data includes the purchases of second homes, primary homes and investment properties from 2018 to 2024, according to Redfin, a …

U.S. home prices will flatten in the third quarter and be down one percent year-over-year by the end of the fourth quarter, a well-known commercial real estate brokerage has predicted. If that forecast holds true, it will be a major reversal from the past few years: aside from a brief …

California’s housing sales declined for the second straight month in April, as the state’s median price hit an all-time high. Sales of existing single-family homes last month totaled 267,710, down 3.4 percent in March but essentially unchanged from April 2024, according to data released May 19 by the California Association of …

Buying a home in California got a little easier during the first quarter of 2025, according to the California Association of Realtors. Seventeen percent of the state’s households could afford the median-price of a single-family detached home – $846,830 – during that time, up two percent from the fourth quarter …

The Inland Empire retail market got off to a somewhat slow start in 2025, posting a 6.8 percent availability rate for the first quarter, up from 6.5 percent one year earlier. Net absorption also moved in the wrong direction during the first three months of the year: minus-361,000 square feet, down …

Nothing significant changed regarding the cost of buying a home in California between 2023 and 2024, unless you consider a one percent change in the number of people who can afford a home signifiant. For a little than more than four-fifths of the state’s population, buying a home remains an …