California Housing Markets are Starting to Stall
CURBED
By Jeff Andrews
The tech boom in Silicon Valley and the entertainment industry in Los Angeles have long made California’s markets a desirable place to own a home, but according to data compiled by the California Association of Realtors, those housing markets are showing signs of stalling. Pending home sales—notoriously volatile but considered a sign of where a housing market is headed—dropped 2.6 percent in October compared to a year ago in California, the ninth time in 10 months the state saw a decline, including four straight months.
About author
You might also like
Housing Outlook 2015
Kiplinger sets forth its perspective on the housing market for 2015. Among the key takeaways – modest price appreciation, return of first-time buyers and increased new home production. All-in-all, similar
Balanced Market in San Diego
Broker sees benefits to both buying or selling homes in the highly desirable San Diego market. Among his picks as two of the top submarkets – North County and the
