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Market Minute Write-Up March 27, 2023

by rb | Mar 28, 2023 | California Real Estate Press, Ventura County Real Elestate Press

EmailSave Share CAR.ORG | March 27, 2023 – While home sales and employment in California continued to march forward in February, recent banking turmoil has increased uncertainty on many fronts, including the housing market.  Despite declines in long-term yields,...

February 2023 Home Sales and Price Report

by rb | Mar 17, 2023 | California Real Estate Press, Ventura County Real Elestate Press

For release:March 16, 2023 More favorable interest rates perk up California home salesfor third straight month in February, C.A.R. reports  Existing, single-family home sales totaled 284,010 in February on a seasonally adjusted annualized rate, up 17.6 percent from...

NAR Supports Newly Announced Reduction of MIPs

by rb | Feb 25, 2023 | California Real Estate Press, National Real Estate Press, Ventura County Real Elestate Press

WASHINGTON (February 22, 2023) – National Association of Realtors® President Kenny Parcell issued the following statement in response to the announcement made Wednesday by Vice President Kamala Harris and HUD Secretary Marcia Fudge to reduce mortgage insurance...

HUD and FHA Will Provide Greater Homeownership Opportunities

by rb | Feb 24, 2023 | California Real Estate Press, Ventura County Real Elestate Press

For release:February 22, 2023 California REALTORS® support move by HUD and FHA that provides greater homeownership opportunities  LOS ANGELES (Feb. 22) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)  today issued the following statement in response...

C.A.R. January 2023 Home Sales Report

by rb | Feb 20, 2023 | California Real Estate Press, Ventura County Real Elestate Press

For release:February 16, 2023    California home sales inch up in January for second straight monthas prices moderate further, C.A.R. reports Existing, single-family home sales totaled 241,520 in January on a seasonally adjusted annualized rate, up 0.4...

Market Minute Write-Up

by rb | Feb 14, 2023 | California Real Estate Press, Ventura County Real Elestate Press

February 13, 2023 – Last week, new jobless claims had their first upward movement in 6 weeks, though still low by historical standards, pointing to a labor market which remains on solid ground. Consumers overall sentiment is on the mend and, along with that,...
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