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,...
by rb | Feb 13, 2023 | California Real Estate Press, Ventura County Real Elestate Press
A surge in mortgage rates and elevated home prices dampened California’s housing affordability in fourth-quarter 2022, C.A.R. reports Seventeen percent of California households could afford to purchase the $790,020 median-priced home in the fourth quarter of 2022,...
by rb | Jan 5, 2023 | California Real Estate Press, Ventura County General News, Ventura County Real Elestate Press
The California Department of Insurance has created a “one-stop” resource for wildfire information on its Wildfire Response and Readiness web page. Through its Wildfire Data and Analysis on Wildfires and Insurance, the Department can identify trends affecting the...
by rb | Dec 20, 2022 | California Real Estate Press, Ventura County Real Elestate Press
December 19, 2022 – Based on the latest economic news, all signs point to a bumpy start of the year in 2023. Despite having improvements in inflation, a slight increase in consumer sentiment and healthy unemployment numbers, the housing market and the economy...
by rb | Dec 20, 2022 | California Real Estate Press, Ventura County Real Elestate Press
Rapid interest rate increases continue to depress California home sales and prices in November, C.A.R. reports Existing, single-family home sales totaled 237,740 in November on a seasonally adjusted annualized rate, down 13.2 percent from October and down 47.7 percent...
by rb | Nov 29, 2022 | California Real Estate Press, Press Room, Ventura County Real Elestate Press
November 29, 2022 LOS ANGELES (Nov. 29) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency’s (FHFA) announcement to increase the 2023 conforming loan limits for mortgages acquired...
