Purchasing a home is a complex process that requires careful planning and preparation. It is important to make sure finances are in order and be ready to stay in the same location for several years. The steps involved include finding a reliable real-estate agent, finding a lender with the best rates, getting pre-approved for a mortgage loan and making an offer. Continue to full article...
The California’s market is adjusting to higher mortgage rates and rising inflation. Home prices vary, with some areas transitioning from a seller's market to a more neutral setting. Median sales prices have decreased between 2022 and 2023, making homes slightly more affordable....
The California commercial real estate forecast shows a mixed outlook due to rising interest rates and economic uncertainty. Office development remains cautious due to the impact of high interest rates on market fundamentals. Multifamily housing demand stays strong in metropolitan areas, driven by state laws and growth in inland parts of the state....
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