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Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market

Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market

by Phil Hall | Jan 8, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Gov. Gavin Newsom is following President Trump’s lead by calling for a shutdown on institutional investors from purchasing single-family homes. The San Jose Mercury News reports 3% of California’s single-family homes are owned by large companies, according...
California Home Sales Up, Reversing 3-Month Slump

California Home Sales Up, Reversing 3-Month Slump

by Phil Hall | Jul 17, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California recorded 264,260 single-family home sales in June, up 4% from the 254,190 homes sold in May and down 0.3% from the 264,960 homes sold one year earlier. According to the California Association of Realtors, June’s upswing reversed three consecutive...
California Home Sales Up, Reversing 3-Month Slump

California Home Sales Down in March

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

Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 267,470 in March, according to data from the California Association of Realtors (CAR). This is a 7.8% slide from the revised 290,470 homes sold...
California Home Sales Up, Reversing 3-Month Slump

California Home Sales Up 12.8%

by Phil Hall | Mar 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 290,020 in February, according to new data from the California Association of Realtors (CAR). This represented a 12.8% increase from the...
California’s Housing Affordability Level at 16-Year Low

California’s Housing Affordability Level at 16-Year Low

by Phil Hall | Aug 14, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing affordability in California sank to its the lowest level in nearly 16 years, according to new data from the California Association of Realtors (CAR). Less than one in five (16%) home buyers could afford to purchase a median-priced, existing single-family home...
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