Blog

US Home Prices Fall For First Time In 3 Years

TNG Team

National home prices dipped for the first time in three years as pending sales hit a record low, while California affordability holds at 19% and a $11.25B housing bond heads to voters.

San Francisco Defies National Price Slide

TNG Team

National home prices just posted their first annual drop in 3 years, rates eased to 7.24%, but San Francisco bucked the trend while San Jose and San Diego cooled.

SoCal Home Sales Sink 9.1% As Rates Climb

TNG Team

SoCal home sales fell 9.1% in September as mortgage rates hit 6.86%, while national pending sales hit a record low and rates finally eased this week.

Sacramento Market Stays Tight As Prices Edge Higher

TNG Team

Sacramento holds a seller's market as supply tightens, while Orange County pending sales hit a 5-year low and mortgage rates ease slightly.

Builder Confidence Sinks To 14-Year Low

TNG Team

Builder sentiment hit a 14-year low as mortgage rates topped 7%, while CA sales slowed, SoCal affordability tightened, and Bay Area markets diverged.

California Real Estate in 2027: Trends, Challenges & Opportunities with Oscar Wei – Part 1 #971

Yumi Cabalhug

In Part 1 of Joey Romero’s conversation with Oscar Wei, Deputy Chief Economist at the California Association of REALTORS® (C.A.R.), they discuss the 2027 housing market forecast, mortgage rate projections, inflation, and housing affordability.