California Real Estate Market Cooling at Neil Crawford blog

California Real Estate Market Cooling. Now, with mortgage interest rates on the rise, home sales are down, inventory is up and the prospect of home value declines is around the corner. The number of home sales in nearly every county in. That's a slight dip of 2% compared to july 2024, but a 4% increase. California, which remains mired in an affordable housing crisis, saw its population decline last year for the first time in more than a century. Every corner of california is experiencing a real estate market cool down. Housing supply conditions will continue to improve next year, but a moderate increase rather than a surge in active listings. The shift comes as rising mortgage rates and rocky stock markets have caused housing markets in the bay area and northern california to cool faster than the rest of the u.s., the san francisco. The abundance of california's cooling markets perhaps isn't too surprising when considering that it's one of the most expensive.

Now, with mortgage interest rates on the rise, home sales are down, inventory is up and the prospect of home value declines is around the corner. Every corner of california is experiencing a real estate market cool down. That's a slight dip of 2% compared to july 2024, but a 4% increase. The number of home sales in nearly every county in. Housing supply conditions will continue to improve next year, but a moderate increase rather than a surge in active listings. The shift comes as rising mortgage rates and rocky stock markets have caused housing markets in the bay area and northern california to cool faster than the rest of the u.s., the san francisco. California, which remains mired in an affordable housing crisis, saw its population decline last year for the first time in more than a century. The abundance of california's cooling markets perhaps isn't too surprising when considering that it's one of the most expensive.

Cooling Real Estate Market

California Real Estate Market Cooling The number of home sales in nearly every county in. The number of home sales in nearly every county in. Housing supply conditions will continue to improve next year, but a moderate increase rather than a surge in active listings. California, which remains mired in an affordable housing crisis, saw its population decline last year for the first time in more than a century. Every corner of california is experiencing a real estate market cool down. That's a slight dip of 2% compared to july 2024, but a 4% increase. The abundance of california's cooling markets perhaps isn't too surprising when considering that it's one of the most expensive. The shift comes as rising mortgage rates and rocky stock markets have caused housing markets in the bay area and northern california to cool faster than the rest of the u.s., the san francisco. Now, with mortgage interest rates on the rise, home sales are down, inventory is up and the prospect of home value declines is around the corner.