california housing market Tag

Consumer sentiment about future economic conditions in California remained about the same in the second quarter (Q2) of 2018. Planned spending on big-ticket purchases rose from the previous quarter. The outlook for future spending is more positive than negative, according to Chapman University’s California Consumer Sentiment Survey. Last quarter’s...

Zillow predicts that 2018 will shape up to be an even hotter real estate market than in 2017 . An analysis conducted by Zillow Research, a division of Zillow Group that operates the Zillow real estate marketplace, found that homes sold faster than ever in 2017 largely...

Looking for housing in California — to buy or rent — means having the fewest choices in the nation. A curious stat from the U.S. Census Bureau tracks empty residences, whether those units are rentals or ownership properties. Basically, “gross vacancy rate” is a proportional measure...

The mortgage interest deduction (MID), long the politician’s poster child for homeownership, has taken some hits in recent months. The MID has been under fire by Democrats for years for disproportionately benefiting wealthy homeowners. But no one really thought it would actually go away or be reduced...

Pent-up demand from the holidays likely fueled the solid jump in mortgage applications last week. Total application volume rose 8.3 percent during the first week of the year from the previous week, as mortgage rates held below year-ago levels, according to the seasonally adjusted Mortgage Bankers...