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Archives for May 2023

US housing prices nationally begin to rise from the bottom

After a year of declining prices, the real estate market is finally showing signs of life with prices beginning to rise again. However, the recovery is not uniform across all regions, with the West experiencing the most significant impact from the Continue Reading

Summer is here in Southern California

Summer is here in Southern California

Summer has finally arrived in sunny Southern California, and families are thrilled to explore the myriad of exciting activities this region has to offer. With its reputation as a hub for family amusement parks, Southern California promises an Continue Reading

Not all markets are equal in the US Housing Market

Home prices in the west have experienced a significant drop of about 10% since reaching their peak in April 2022. However, despite this decline, prices in the region remain higher compared to 2019 levels. The west has been particularly affected due Continue Reading

New Home Sales rise 4.1% in April

New Home Sales rise 4.1% in April

In April, there was a notable surge in new home sales, as they experienced a remarkable increase of 4.1%. This rise in sales contracts can be attributed to the limited availability of existing homes in the market. The lack of inventory has resulted Continue Reading

The return of bidding wars and multiple offers

The return of bidding wars and multiple offers

The return of multiple offers on homes has become a prominent trend in the real estate market, especially during the spring selling season. With the lack of housing inventory, homebuyers are facing intense battles to secure their dream homes. Despite Continue Reading

Renting vs Buying is coming to a crossroads

Renting vs Buying is coming to a crossroads

Renters across the nation find themselves at a critical juncture as rental prices soar, prompting them to question the feasibility of continuing to rent or explore the option of purchasing a home. The relentless increase in rental prices can be Continue Reading

New home construction could be the silver lining

New home construction could be the silver lining real estate needs

The real estate market is witnessing a significant decline in the number of existing homes being listed, down by a staggering 20% compared to the previous year. However, amidst this challenging scenario, there is a silver lining: the demand is Continue Reading

Buying a home isn't easy but there are things to consider to help

Buying a home isn’t easy but there are things to consider to help

When you're buying a home, it's important to consider a variety of factors to ensure you make an informed decision. From the location and size of the property to its condition and price, there are many variables that can influence your buying Continue Reading

Remote work is having an unexpected effect on commercial real estate

Remote work is having an unexpected effect on commercial real estate

Remote work has had a major impact on commercial real estate in recent years. With more and more people working from home, there has been a significant shift in the demand for office space. This shift has caused a decline in the need for traditional Continue Reading

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