Posts from: Market Insight

Home Prices Continue Up TrendCalifornia housing market outperforms expectations, breaking record high median price for fourth straight month, C.A.R. reports.- Existing, single-family home sales totaled 489,590 in September on a seasonally adjusted annualized rate, up 5.2…

Home prices continue up trend, mortgage rates are at all time lows and reality TV escapesThe good, the bad and the ugly. The good news is we are still in one of the strongest seller's market in years, as noted in the video below. Most areas saw price increases over the last…

Interest rates were raised last month, but despite that increase, mortgage rates have been on the decline. Mortgage rates tend to align more with the 10 year Treasury note, which is very popular with investors and because of this increased demand, the rate has gone down.…

Local inventory is showing signs of life as the housing stock has increased and home prices continue to show strength. Overall most areas saw a hefty increase in average sales price.