California recorded 254,190 closed escrow sales of existing, single-family detached homes in May, according to data from the California Association of Realtors (CAR). Last month’s sales pace was down 5.1% from the 267,710 homes sold in April and was down 4% from the...
California home sales declined for second straight month in April while the state’s median home price hit a new all-time high. According to data from the California Association of Realtors, closed escrow sales of existing, single-family detached homes totaled a...
Only 17% of California homebuyers could afford to purchase a median-priced, existing single-family home during the first quarter of this year, according to data from the California Association of Realtors (CAR). This is up from 15% in the previous quarter and...
The affordability gap for Black and Hispanic households seeking homeownership in California continues to remain behind other ethnic demographics, according to a new data report from the California Association of Realtors (CAR). During 2024, less than one-fifth (18%)...
California recorded a seasonally adjusted annualized rate of 277,030 closed escrow sales of existing single-family detached homes during March, down 2.3% from 283,540 sales in February but up 4.9% from 264,200 transactions in March 2024. According to data from the...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
