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SoCal Real Estate Update

SoCal Real Estate Update
Quick Take: The Fed almost certainly will raise rates in March in an effort to combat inflation. Historically low supply is protecting the record-setting home prices of the past two years from a reversal. Elevated real disposable income, which spiked asset prices, has declined and stabilized at normal levels. The average 30-year fixed mortgage rate is rising as the expected Fed rate hikes have become definite. Note: You can find the charts & graphs for the Big Story at the end of the following section.

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SoCal Real Estate Update

Quick Take: The Fed almost certainly will raise rates in March in an effort to combat inflation. Historically low supply is protecting the record-setting home prices o… Read more

Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year

If you’re planning to buy a home this year, saving for a down payment is one of the most important steps in the process. One of the best ways to jumpstart your savings… Read more

Some Buyers Prefer Smaller Homes

Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things m… Read more

The Latest on Supply and Demand in Housing

Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, t… Read more

The Emotional and Non-financial Benefits of Homeownership

With higher mortgage rates, you might be wondering if now’s the best time to buy a home. While the financial aspects are important to consider, there are also powerful… Read more

3 Trends That Are Good News for Today’s Homebuyers

As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends that may benef… Read more

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