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California Records First Year-Over-Year Uptick in Existing-Home Sales in 31 Months

California Records First Year-Over-Year Uptick in Existing-Home Sales in 31 Months

by Phil Hall | Feb 16, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California existing home sales reached their highest level in six months during January, according to new data from the California Association of Realtors (CAR). Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted...
Affordable Homeownership in California Remains at Historic Low

Affordable Homeownership in California Remains at Historic Low

by Phil Hall | Feb 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Only 15% of California households during the fourth quarter of 2023 were able to afford the state’s $833,170 median-priced home, according to new data from the California Association of Realtors (CAR). This was unchanged from the third quarter 2023 (when the...
And Yet Another Real Estate Commission Lawsuit is Filed, Now in Los Angeles

And Yet Another Real Estate Commission Lawsuit is Filed, Now in Los Angeles

by Phil Hall | Jan 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Another lawsuit aimed at how real estate professionals earn their commissions was filed this week in Los Angeles. The new case was filed on Wednesday in U.S. District Court in Los Angeles by Gael Fierro and Patrick Thurber, two home sellers who named the National...

California’s Home Sales Remain Near 16-Year Low

by Phil Hall | Jan 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s home sales during December remained near the 16-year low reached in November while sales for the full-year 2023 experienced the steepest drop since 2007, according to data from the California Association of Realtors (CAR). Closed escrow sales of existing,...
Hits and Misses for the Real Estate Week of Dec. 18-22

Hits and Misses for the Real Estate Week of Dec. 18-22

by Phil Hall | Dec 22, 2023 | Hits and Misses, International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A super-tall apartment complex for Oklahoma City, bad news for California’s housing market and a historic lovers’ rendezvous for sale. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Dec. 18-22. Hit: Thinking Big....
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