N.A.R. Applauds New HUD Program Prioritizing Housing Supply

by Russell Boyd | Jun 5, 2022 | California Real Estate Press, National Real Estate Press, Press Room, Uncategorized, Ventura County Real Elestate Press

WASHINGTON (June 2, 2022) – The Department of Housing and Urban Development (HUD) announced its “Our Way Home” initiative this week to connect communities across the country with the resources needed to combat the nation’s housing supply shortage....

Coalition Supports State Budget Investments for Ownership Housing

by Russell Boyd | Jun 2, 2022 | California Real Estate Press, Ojai Real Estate, Ventura County Real Elestate Press, Ventura Real Estate

SACRAMENTO (June 1) – With the start of National Homeownership Month today, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), California Building Industry Association (CBIA) and Habitat for Humanity California — as part of California Homeownership Coalition — today...

Commercial Real Estate Market Expected to Grow Despite Rising Interest Rates

by Russell Boyd | May 26, 2022 | California Real Estate Press, National Real Estate Press, Press Room, Ventura County Real Elestate Press

National Association of Realtors Chief Economist Lawrence Yun expects the commercial market to perform well despite the headwinds, especially in the short term. During the 2022 REALTORS® Legislative Meetings’ Commercial Economic Issues and Trends Forum(link is...

April 2022 Home Sales and Price Report for California

by Russell Boyd | May 25, 2022 | California Real Estate Press, Press Room, Ventura County Real Elestate Press

Rising interest rates and climbing home prices moderate California home sales in April as statewide median price sets another peak, C.A.R. reports: Existing, single-family home sales totaled 419,040 in April on a seasonally adjusted annualized rate, down 1.9 percent...

C.A.R. Market Minute

by Russell Boyd | May 24, 2022 | California Real Estate Press, Ventura County Real Elestate Press, Ventura Real Estate

Rising interest rates and climbing home prices moderate California home sales as statewide median price sets another peak. Builder confidence hits lowest level since June 2020. Weekly mortgage demand from homebuyers tumbles, as higher interest rates curb sales....

Weekly Infographic 5-24-22

by Russell Boyd | May 24, 2022 | California Real Estate Press, Infographgics, National Real Estate Press, Ventura County Real Elestate Press

California Association of Realtors Weekly Infographic as of May 2022.