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March 2026

January 2026 Brings New Opportunities for California Homebuyers

In January 2026, California's housing market cooled with closed sales down 10.8% from December and median home prices dropping 3.2% to $823,180, the lowest in nearly two years. Inventory rose to 4.4 months, and days to sell increased to 39. Mortgage rates eased to 6.11%. Regional sales and price trends varied, with some areas seeing gains and others declines. Pending sales surged 34.6%, suggesting a...

County‑by‑county breakdown shows wide gaps in California home prices

California's median single-family home price is $823,180, down about 2% from last year, with mortgage rates near 6% limiting buyer activity. Eleven counties have median prices over $1 million, including San Mateo at $2 million and Santa Clara at $1.8 million. The most affordable homes are in remote northern counties, with Lassen County lowest at $255,000. Prices vary widely across the...

Home Sales Slide Across California Amid Soft Start to 2026

California home sales fell to 256,550 in January, the lowest since May 2025, ↓ 1.3% yearly. The statewide median home price dropped to ~$823K, hitting a 23-month low, ↓ 3.2% MoM. Pending sales rose 34.6% MoM, signaling potential rebound as mortgage rates eased. Some counties like Mariposa, Trinity, and Tehama saw triple-digit yearly sales growth, while...

Factory-Built Housing to Growth in California This Year

Slide 1 California’s factory-built homes might finally go mainstream in 2026. Slide 2 Off-site construction could cut building timelines 10–30%, even up to 50% under ideal conditions. Slide 3 Prefab panels and modules save 10–25% on materials and labor with assembly-line precision. Slide 4 Interest is booming: more developers are now...

Financial Planning Tips for First-Time Homebuyers

Preparing financially before buying a home is crucial. Upfront costs include the down payment, which can be as low as 3-5% depending on the loan type, plus inspections, appraisal, and closing costs. Savings should cover these and monthly mortgage payments. Review your budget and calculate your debt-to-income ratio to ensure affordability. Maintain a good credit score by avoiding new credit and checking...

January yields growth in new-home mortgage applications

Purchase mortgage applications for newly constructed homes rose 2% year-over-year and 19% month-over-month in January. Single-family housing starts increased 4.1% from November to December but were 9% lower than the previous year. Full-year 2025 single-family construction slowed, with starts down 6.9% and permits down 7.4%. New-home sales rebounded 3.6% seasonally adjusted in January. Average loan size...

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