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Median price of single-family homes: $840K Price change: ↓ 0.4% MoM, and ↑ 5.3% yearly Sales change: ↑ 0.3% MoM, and ↓ 11.9% yearly

California Realtors add $500K, raising total grants to $2M, aiding first-time buyers in underserved areas. The program offers up to $10K to first-time homebuyers earning 120% or less of the Area Median Income.

Southern California offers affordable places to live, such as El Centro, Adelanto, and Victorville. These areas provide stunning landscapes, outdoor activities, and access to cultural events. Other affordable options include Hemet, Oxnard, and Lancaster, each with their own unique attractions. From wine country in Redlands to the beach town of Oceanside, there are affordable pockets…

California's median home value at $538,500 offers affordability. In California, closing costs avg $8,028. California's closing costs represent 1.49% of the home's value, among the highest in the nation.

California's rental market differs from other major states, with fewer large landlords. Texas and Florida have more corporate-owned rental properties, while New York has a similar situation to California but with slightly more large landlord ownership. Midwestern states have a higher proportion of small landlords. California's high cost of living leads to higher rental incomes,…

Despite rising interest rates, the Southern California Housing Market remains resilient. A downturn in November 2023 led to a 5.6% decline in home sales, but median sold prices rose by 9.9%. Regional disparities were noted, with Los Angeles seeing a drop in sales and Orange County experiencing increased prices and sales. The market is expected…

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California's buyer’s market faces dwindling home supply, moving toward a negative loopReal Estate's rule of thumb: 6-mo's supply favors buyers, 3-mo’s, sellersLate-Q3 saw a seller’s market with a mere 2.8-mo of housing inventory.

Northern California Retreats & Median Prices -Eureka: Coastal town, Victorian homes, Redwood Park; $420K -Sacramento: Capital city, city life, affordability; $485,500 -Fairfield: Near Napa wineries, ideal for wine lovers; $625K