2020 California Housing Market Prediction
California’s Housing Market Forecast
This report on the California housing market covers important stats including home prices, sales, and recent trends from CAR, NAR, Statista, Zillow and more.
The California housing market
came alive in September. Sales in So Cal, Central Valley and the Bay Area all rose significantly. Sales of existing single-family homes in September grew 5.8% YoY.
Home prices rose 4.7%, the biggest gain in 12 months.
Los Angeles home prices rose 4.8% and homes in the inland empire rose 4.6% making it the best performer of September in the state.
RECENT POSTS:
When mortgage rates climb, buying a home can start to feel like trying to hit a moving target.
You've probably heard the Federal Reserve (the Fed) is raising rates again. And if you're planning to buy or sell a house, you may be wondering what that means for you.
Higher mortgage rates don't just affect buyers. They can change what it takes to sell your house, too.
If you're trying to buy a home, affordability is probably what keeps you up at night. And as you watch mortgage rates tick up again lately, it’s fair to wonder if you should just hit pause and wait for them to go down.
Selling your house in Lake Arrowhead this fall is absolutely doable. But there’s something you need to know about this time of year.
Ask a couple people how the housing market is doing and you’ll probably get a couple different answers. That’s because right now, the market runs on 2 very different tracks, split by price point.
