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How will California’s Proposition 19 impact property taxes? Realtor-supported effort may free up housing inventory in the Golden State Housing Wire Daily November 19, 2020, 3:09 pm By Tim Glaze A slim majority of California residents voted in favor of Proposition 19 on Election Day, green-lighting a motion that gives new property tax breaks to older homeowners […]

Jay Adkisson Forbes Contributor A tsunami of foreclosures is just months away. Various reports show that the market for previously-owned homes climbed nearly 10% in September, the fourth straight monthly increase. It is not just sale volumes that are high, but the price of homes is showing double-digit gains. If you just look at volume and prices, the […]

The Best Real Estate Investments for Your Money This Year By Candice Elliott Updated on September 2, 2020 Listen Money Matters is reader-supported. When you buy through links on our site, we may earn an affiliate commission. How we make money. TABLE OF CONTENTS   When many people think about investing, they think of the stock market. […]

Mortgage rates set another record low, sparking new strength in refinances PUBLISHED WED, OCT 7 20207:00 AM EDTUPDATED WED, OCT 7 20206:12 PM EDT Diana [email protected]/[email protected]@DIANAOLICK KEY POINTS Refinance volume surged to the highest level since mid-August as mortgage rates dipped to 3.01%. Refinances jumped 8% last week and were 50% higher than a year […]

San Francisco rents plunge, showing strain from pandemic and wildfires PUBLISHED THU, OCT 1 202012:30 PM EDTJessica [email protected]   KEY POINTS Rent prices continued to plunge in big U.S. cities last month, with San Francisco leading the decline, according to data from Zumper, a real-estate start-up. In September, the median rent for a one-bedroom apartment in […]

PUBLISHED THU, SEP 24 20207:00 AM EDTUPDATED THU, SEP 24 20207:00 AM EDT Diana [email protected]/[email protected]@DIANAOLICK KEY POINTS The median home prices of single-family homes and condos in the third quarter are less affordable than historical averages in 63% of U.S. counties, up from 54% a year ago, according to Attom Data Solutions, a property data-base. […]

Millions of American families could lose their homes amid COVID-19 pandemic, report says Housing Wire – September 9, 2020, 5:22 pm By Kathleen Howley A surge in the share of mortgages 90 days or more overdue in June is a signal the U.S. could be heading toward a foreclosure crisis, according to a CoreLogic report on Wednesday. The share […]

The Future of California Real Estate: Can the Golden State Survive? Realtor.com | By Clare Trapasso | Sep 3, 2020 Creative-Family/Getty Images California has long captured the nation’s imagination with its promises of the rich life, from the days of the gold rush to the rise of Hollywood and its star-making machine, to today’s booming tech sector. With its […]

Fox Business – Published August 15, 2020 In coronavirus housing market, ‘better to be seller than buyer’ Home prices rose this spring in 96% of U.S. metro areas How coronavirus is changing real estate Brown Harris Stevens CEO Bess Freedman discusses how the coronavirus pandemic is changing home purchases. While the number of Americans buying homes is increasing as […]

The 2020 San Francisco exodus is real, and historic, report shows By Andrew Chamings Published 11:34 am PDT, Friday, August 14, 2020 Photo: Zillow Real estate inventory change from February to July 2020, in metro area and city proper. A new report confirms what many have been talking about for weeks: There is a mass exodus out of […]