2020 California Housing Market Prediction
November 21, 2019
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:
At some point, you’ve probably heard the saying: “Yesterday was the best time to buy a home, but the next best time is today.”
Unfortunately, a lot of sellers today are setting their asking price too high. That’s leading to an uptick in price cuts.
When you put your house on the market, you want to sell it quickly and for the best price possible; that's generally the goal. But too many sellers are shooting too high right now.
Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your move.
Whether you’re buying or selling a house, here’s something to think about that most people don’t.
So, is the market finally balancing out? And does that mean buyers will have it a bit easier now? Here’s what you need to know
