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Kingsley Quan

Home prices continue to rise for the third month in a row

In today's real estate market, there is a fierce tug of war between high demand and low inventory, creating a challenging situation for homebuyers. The rebound in home prices has been evident, with three consecutive months of price increases. Some Continue Reading

Sluggish Summer and Spring Home Sales: Factors Impacting the Market

Summer and spring home sales are experiencing a sluggish phase, primarily influenced by a combination of high prices, elevated mortgage rates, and lower inventory. This has significantly impacted the strength of the spring selling season, resulting Continue Reading

New home construction continue to be a bright spot

New home sales are experiencing significant growth as the housing inventory continues to face a severe shortage. With approximately 80% of current US mortgages being at or below 5%, homeowners are reluctant to sell or list their properties. This Continue Reading

Fed's Pause on Interest Rate Hikes After 10 Consecutive Increases

Fed’s Pause on Interest Rate Hikes After 10 Consecutive Increases

In a surprising move, the Federal Reserve has chosen to pause its streak of interest rate hikes, which had spanned over a period of 15 months, with a total of 10 consecutive increases. This decision was made following the release of fresh data Continue Reading

Mortgage Demand faces challenges

The mortgage industry is currently facing challenges as the demand for mortgages is dropping, despite recent declines in interest rates. According to recent data, the average contract interest rate for 30-year fixed-rate mortgages with conforming Continue Reading

Endless summer fun in San Diego, California

When it comes to summer fun, San Diego is the ultimate destination. With a plethora of attractions and activities, there's something for everyone in America's Finest City. From thrilling amusement parks to stunning beaches and breathtaking hiking Continue Reading

Fluctuating Interest Rates Between 6.5% and 7% are the new normal

Mortgage rates have been experiencing significant fluctuations in recent times, hovering above and around the range of 6.5% to over 7%. This instability in interest rates has a direct impact on the monthly payments for homebuyers seeking a $400k Continue Reading

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

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