Search results
Results From The WOW.Com Content Network
The Southern California housing market is downshifting. The average home price in the six-county region fell 0.3% from October to $869,288 in November, according to Zillow, marking the fourth ...
The California Legislative Analyst's Office 2015 report "California's High Housing Costs – Causes and Consequences" estimates that for the state to have kept housing prices no more than 80% higher than the median for the U.S. as a whole (the price differential which existed in 1980, as opposed to the >150% differential which exists today ...
$700,000+ Cost of housing by State. ... California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4
Traditional wisdom states that the real estate market needs 5 to 6 months of housing supply to be balanced, or not leaning toward either a buyer’s market or seller’s market. NAR existing-home ...
Wyoming. February 2024 home value: $333,745 6-month change in home value (dollar amount): $1,089 1-year change in home value (dollar amount): $10,453 2-year change in home value (dollar amount ...
In California, local governments work with the state government to develop a Regional Housing Need Allocation, the number of housing units that should be created in an area to meet its housing needs. Between 2015 and 2018, Silicon Valley cities permitted 85% of units needed to reach the goal for residents in the Above Moderate Income category ...
Today, the cost to borrow is higher, and the price tag on the home is higher.” Sales did perk up in the final quarter of the year: they ran at a rate of 4.24 million in December, which was 9.3% ...
A housing supply gap of 6.5 million homes. At its root, inflation is a result of an imbalance of supply and demand. In the housing market, weak inventory was a problem that existed prior to the ...