Understanding the Market

 Existing, single-family home sales totaled 406,920 in July on a seasonally adjusted annualized rate, down 0.9 percent from June and down 3.4 percent from July 2017. July’s statewide median home price was $591,460, down 1.9 percent from June and up 7.6 percent from...

Help Pass Prop 5 and Defeat Prop 10

The stakes have never been higher for REALTORS® and before you know it, the November 6 election will be here.   On this ballot, we will be faced with an initiative that could dramatically improve housing opportunities for millions of Californians (Prop 5) and another...

CAR Market Matters

Talking Points Total mortgage application volume decreased 1.7 percent last week and was 15 percent lower than a year ago, according to the Mortgage Bankers Association’s seasonally adjusted report. The average contract interest rate for 30-year fixed-rate...