California Housing Market Holds Steady in October, C.A.R. Reports

From the California Association of Realtors: – Existing, single-family home sales totaled 404,240 in October on a seasonally adjusted annualized rate, up 0.1 percent from September and up 1.9 percent from October 2018. – October’s statewide median home price was $605,280, down 0.1 percent from September and up 6.0 percent from October 2018. – Year-to-date […]

California housing affordability dips in second quarter 2019, C.A.R. reports

· Thirty percent of California households could afford to purchase the $608,660 median-priced home in the second quarter of 2019, down from 32 percent in first-quarter 2019 but up from 26 percent a year ago. · A minimum annual income of $122,960 was needed to make monthly payments of $3,070, including principal, interest and taxes […]

Membership Meeting in Quincy: California Housing Crisis

How does the current housing crisis in California affect our region? Come meet with Assembly Member, Brian Dahle and California Association of REALTORS® Government Affairs Field Representative, Matt Bunch, as we discuss the issues we face in Northern California. Join us for this special luncheon event at the Mineral Building at the Plumas-Sierra County Fairgrounds […]

California home sales fall to lowest level in more than 10 years, C.A.R. reports

– Existing, single-family home sales totaled 357,730 in January on a seasonally adjusted annualized rate, down 3.9 percent from December and down 12.6 percent from January 2018. – January’s statewide median home price was $538,690, down 3.4 percent from December and up 2.1 percent from January 2018. – Statewide active listings rose for the 10th straight month, increasing […]