Here’s a quick update on Carlsbad’s housing market this month. Most homes are selling at similar prices as last year. The number of homes sold is nearly unchanged, and properties are moving at a steady pace....
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National home price growth slowed for the eighth consecutive month in July due to rising inventory, buyer hesitation, and limited affordability. Prices are now just 0.3% below their May peak, improving affordability as incomes outpace price growth. Regional differences persist, with strongest growth in Northeast and Midwest metros, while Western and Southern markets show weaker performance amid shifting...
California home sales rose 4% to 264,260 in June—first bump after three-month slump. Median home price now $899,560—slightly lower than May and last June. Inventory jumped 40% year-over-year—buyers finally get choices and negotiating room. Homes now sit 24 days on market—6 days longer than last year. Market's shifting toward balance—not a...
Most metros expected to soften (~1–2%) following inventory easing. Coastal and high-cost urban segments under sharper pressure...
California's new $321 billion budget includes a six-year pause on adopting or amending residential building codes, aiming to ease the housing affordability crisis and speed rebuilding after recent fires. The law also allows builders to use approved codes for up to 10 years for developments and exempts certain in-fill housing projects from CEQA review to streamline permitting. These measures reflect...
San Diego homes are staying on the market longer, signaling a potential market cooldown. Active inventory rose over 71% yearly, giving buyers more choices and negotiating power....
Los Altos ranks as the fourth wealthiest U.S. suburb with an average household income of $403,512 and a home value of $4.56 million. California dominates the list, featuring 17 suburbs among the top 50 wealthiest, including Alamo, Orinda, and Palos Verdes Estates. The wealthiest suburb overall is Scarsdale, New York, with a 2023 average household income of $601,193. Continue to full...
California's housing crisis stems from high land and construction costs, strict zoning, and regulatory delays, causing prices to outpace incomes despite low interest rates. Solutions include zoning reforms to allow more density, streamlining permits, affordable housing programs, vacancy taxes to curb speculation, and alternative housing models like tiny homes. Public-private partnerships and...
California has an avg rent of $2,555 /mo. The avg apartment size is 852 sq ft. Rent per sq ft comes to about $2.99. California is one of the most expensive states for renters. Renters face some of the highest rents in the country for moderate space....
California home sales are projected to grow 10.5% in 2025, reaching approximately 304,400 transactions. Median home prices are forecasted to rise 4.6% to $909,400 in 2025....