LA Sellers Outnumber Buyers By 62%
California tilts toward buyers as sellers outnumber buyers in nearly every metro, mortgage rates dip to 6.67%, and flippers face longer holds.
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San Diego Sales Jump 8% As Listings Shrink
San Diego sales rose 8% in July as listings shrank, while California affordability slipped to 19% and the 30-year fixed mortgage climbed to 6.69%.
Pending Sales Hit 5-Month Low As Rates Near 7%
Contract signings fell at the fastest weekly pace since 2022 as the 30-year fixed neared 7%, while a weak jobs report revived hopes of rate relief.
1 In 5 Home Sellers Cut Prices In July
Sellers cut prices as mortgage rates hit an 11-month high, California list prices slide, and July sales surge while pending contracts cool.
Starter Homes Get Cheaper, But Not In SoCal
Entry-level affordability improves nationally for an eighth straight month while Southern California lags, California sales cool, and rates hold near 6.66%.
California Home Prices Lose Ground To Inflation
California metro home values are still rising on paper but trailing inflation, while higher mortgage rates cool demand and more sellers cut prices.
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