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The blog is for informational purposes only. Readers are encouraged to do their own research and due diligence regarding their financial and legal decisions. The blog should not be used as a substitute for legal advice from a licensed professional attorney, and readers are urged to consult their own legal counsel on any specific legal questions concerning a specific situation.

California Weekly Market Data ending February 12, 2024

Feb 131 min read

California Weekly Market Data ending February 12, 2024

Housing affordability remains at 16-year low in the fourth quarter of 2023 With home prices expected to rise in 2024, affordability will...

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California Weekly Market Data for week ending February 5, 2024

fractalinfinite

Feb 51 min read

California Weekly Market Data for week ending February 5, 2024

Fed Holds Rates Steady but Warn They May Be Slow Coming Down a robust jobs report swiftly pushed the 10-year rate beyond 4%, and the...

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California Weekly Market Data for week ending January 29, 2024

fractalinfinite

Jan 301 min read

California Weekly Market Data for week ending January 29, 2024

Mortgage Rates Are Still Below 7% While numerous homeowners currently enjoy mortgage rates below 3%, those with rates at 5% or higher...

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California Weekly Market Data For week ending January 22, 2024

fractalinfinite

Jan 231 min read

California Weekly Market Data For week ending January 22, 2024

California home sales remain stagnant at the end of 2023 With rates easing in late 2023, home sales are likely to pick up in January and...

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California Weekly Market Data for week ending January 15/24

fractalinfinite

Jan 161 min read

California Weekly Market Data for week ending January 15/24

Inflation rises more than expected in December Looking ahead, the headline CPI should decline further in coming months and will likely...

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California Weekly Market Data ending January 8/24

fractalinfinite

Jan 91 min read

California Weekly Market Data ending January 8/24

Mortgage rates go up slightly to start off 2024 Despite the recent downward trend in rates, the latest purchase application index...

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California Weekly Market data for week ending December 11, 2023

fractalinfinite

Dec 11, 20231 min read

California Weekly Market data for week ending December 11, 2023

Consumer sentiment surges and inflation expectations plunge With inflation easing and interest rates dropping to the lowest level in four...

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California Weekly Market Data for week ending December 4, 2023

fractalinfinite

Dec 5, 20232 min read

California Weekly Market Data for week ending December 4, 2023

Conforming loan limits up for 2024 As conforming loans typically have lower interest rates than non-conforming loans, the increase in the...

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California Weekly Market Data for week ending November 27, 2023

fractalinfinite

Nov 28, 20232 min read

California Weekly Market Data for week ending November 27, 2023

Mortgage rates slide down to the lowest level since late September While mortgage demand is still below the historical norm, the increase...

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California Weekly Market Data for week ending November 20, 2023

fractalinfinite

Nov 20, 20232 min read

California Weekly Market Data for week ending November 20, 2023

Mortgage rates drop for 3rd consecutive week After rising sharply for nearly two months straight, Freddie Mac’s average 30-year...

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California Weekly Market Data for week ending November 13, 2023

fractalinfinite

Nov 14, 20232 min read

California Weekly Market Data for week ending November 13, 2023

Affordability down to 16-year low as interest rates surge to two-decade high Compared to the previous quarter, affordability declined in...

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California Weekly Market Data ending November 6, 2023

fractalinfinite

Nov 7, 20231 min read

California Weekly Market Data ending November 6, 2023

The Fed decides to pause on rate hike for the second time in a row After the close of the November FOMC meeting, the Federal Reserve...

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California Weekly Market data for week ending October 30, 2023

fractalinfinite

Oct 31, 20232 min read

California Weekly Market data for week ending October 30, 2023

New home sales remain on an upward trend Despite mortgage rates hitting two-decades high in recent weeks, new home sales continued to...

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California Weekly Market data for week ending october 23, 2023

fractalinfinite

Oct 23, 20232 min read

California Weekly Market data for week ending october 23, 2023

Benefits of homeownership still alive and well The Federal Reserve released its 2022 Survey of Consumer Finance report last week, which...

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California Weekly Market Data ending October 16, 2023

fractalinfinite

Oct 16, 20232 min read

California Weekly Market Data ending October 16, 2023

Core inflation continues to moderate but at a slow pace Consumer prices rose more than expected with the headline inflation increasing...

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California Weekly Market Data for week ending october 9, 2023

fractalinfinite

Oct 10, 20232 min read

California Weekly Market Data for week ending october 9, 2023

Strong jobs numbers stoke concerns over another rate hike Although this portends a slow decline in inflationary pressures as labor...

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California Weekly Market Data ending October 2, 2023

fractalinfinite

Oct 3, 20231 min read

California Weekly Market Data ending October 2, 2023

Congress avoids shutdown and passes stopgap bill A deal came together a few hours before the deadline and Congress averted a government...

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California Weekly market data ending September 25, 2023

fractalinfinite

Sep 26, 20231 min read

California Weekly market data ending September 25, 2023

Unemployment claims show labor market still tight Although tightness in the labor market has been a source of upward pressure on...

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California Weekly Market Data ending September 18, 2023

fractalinfinite

Sep 19, 20232 min read

California Weekly Market Data ending September 18, 2023

California home sales dip again as rates soar to a 22-year high With rates staying elevated and above 7% in recent weeks, sales are...

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California Weekly Market Data ending September 11, 2023

fractalinfinite

Sep 12, 20232 min read

California Weekly Market Data ending September 11, 2023

Lack of affordability and tight supply keep homebuyer confidence at low level Those who believed that it is a good time to buy remained...

36 views0 comments

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