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California Home Sales at 7-Month Low

by Phil Hall | Sep 17, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California home sales hit a seven-month low in August, according to new data from the California Association of Realtors (CAR). Last month, the state recorded a seasonally adjusted annualized rate of 262,050 in closed escrow sales of existing, single-family detached...
California Home Sales at Five-Month High

California Home Sales at Five-Month High

by Phil Hall | Aug 20, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in California totaled a seasonally adjusted annualized rate of 279,810 in July, a 3.6% increase from June and a 4.1% boost from one year ago, according to new data from the California Association of Realtors (CAR). July’s total marked a five-month high...
California Housing Affordability Sinks to 17-Year Low

California Housing Affordability Sinks to 17-Year Low

by Phil Hall | Aug 13, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s housing affordability during the second quarter sank to its lowest levels in nearly 17 years due to elevated home prices and mortgage rates, according to data from the California Association of Realtors (CAR). The second quarter’s level was less...
Phil Hawkins Named CEO at California Association of Realtors

Phil Hawkins Named CEO at California Association of Realtors

by Phil Hall | Aug 9, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The California Association of Realtors (CAR) has named Phil Hawkins as its new CEO. Hawkins joins CAR from the Pacific West Association of Realtors, where he served as chief executive. He succeeds Debra Ferrier, who has served as interim CEO since April after Joel...
Hits and Misses for the Real Estate Week of July 15-19

Hits and Misses for the Real Estate Week of July 15-19

by Phil Hall | Jul 19, 2024 | Hits and Misses, News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

A presidential plea for rent control, California realtors under a Justice Department magnifying glass and an unlikely viral video hit. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 15-19. Miss: Biden’s Rent Control...
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