U.S. Homebuyer Confidence Dropped in the Second Half of 2018

  Sixty-three percent of Americans thought that it was a good time to purchase real estate as of the fourth quarter, down from 72 percent on an annual basis. Although nearly two-thirds of Americans think that now is a good time to purchase a home, buyer optimism about the housing market is at its lowest …

California September 2018 Job Report

California’s Unemployment Rate Falls to a New Record Low in September California added 13,200 jobs in September, bringing the unemployment rate to 4.1 percent, a new record low since 1976 according to the latest numbers from the state Employment Development Department. With 339,600 jobs added from last September, California has created more than 3 million …

U.S. Home Prices Again Reach New Peak in the Second Quarter

The median sales price for a U.S. single-family home was $269,000 in the second quarter, an all-time high. The San Jose metropolitan area was America’s fastest-appreciating housing market, with the $1.41 million median sales price up by 18.7 percent from the second quarter of 2017. Though millennials should be helping to drive sales activity, less …