Categories for Realestate Market

The inflationary hit on household saving accounts should start to ease for the second half of 2023. The Wall Street Journal 7/13/23 article points to a general decline in inflation over a broad array of consumer goods, led by the...
View Article

Freddie Mac’s data for two Southern California metro areas are numbers 1 and 2 in their respective categories of places people are moving to and moving from. With both, they follow the general cooling trend to relocate away from higher...
View Article

Mortgage interest rates have a larger than normal cushion over the 10 year treasury bond. First American Title’s Odeta Kushi pointed out in the May 18 REconomy Podcast that the historic gap since 1972 has been 170 basis points (1.7%)....
View Article

The Consumer Price Index moved up 0.1% in May. This represents a 3.2% year/year rate, but is only 1.2% if annualized. The biggest decrease was 11.5% for energy prices, countered somewhat by a 5% rise in food prices. Shelter prices...
View Article

There is greater proof that many of our parents were right when they impressed upon us the value of homeownership. The controlled housing expense established with a purchase, sense of security over the long term, and forced savings created with...
View Article

A national look at inflation shows a continued slow descent from our June 2022 peak of 9.1% annualize rate. The mid-May report from the US Bureau of Labor Statistics shows the Los Angeles – Long Beach – Anaheim region at...
View Article

An indicator of housing strenth, 15-18% of the Gross Domestic Product is supported by the housing industry. This is brought about through two main categories that were pointed out in a First American Title REconomy Podcast (March 9, 2023).  Odeta...
View Article