The numbers of homes have increased but it is still leaning towards a sellers market. The number of homes available for sale has increased due the increase of rates, however, homes prices have not crashed. The number of homes available for sale, in early 2022, was the lowest ever since the beginning of the pandemic and even lower than 2013 right after the Great Recession. In 2013, as reported b

Many headlines are talking about a recession due to various factors. Federal reserve rate hike has pushed rates up to 5% levels. Many buyers have gotten used to 2%+ and 3%+ rates during the pandemic. The increase in mortgage rates has pushed some homes out of reach for certain buyers due to the increased cost of a mortgage. There has been an increased amount of homes available on the market.

What’s Happening in the Real Estate Market? In the global market, earlier in the year, the podcast Housingwire Daily talked about interest rates. The podcast talked about how US interest rates are tied to the US 10-year bond yields. The podcast makes a connection with US interest rates rising and how it may be tied to the economies and the bond yields of Japan and Germany. As of recently,

Headlines from the Year 2021 Prop. 19. Simplified. California Association of Realtors. January/ February 2021 All Calfornians who are over the age of 55, severely disabled, or those who own a home that has been substantially damaged by fire or natural disaster are sellers who qualify for this benefit of Prop. 19. Also, sellers in these groups can transfer the tax basis of their primary r