California September 2015 Home Sales Report

September was another hot month – a LOT of house tenants DEMANDING AIR CONDITIONING!  But, the housing market MEDIAN cooled and actually went DOWN in September for home buyers.

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California August 2015 Home Sales Report

We experienced and incredibly HOT August even though SFR’s dipped in sales, the MEDIAN went higher!

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US Home Ownership Plunges

U.S. HOMEOWNERSHIP RATE HITS 48-YEAR LOWSource: Wall St. Journal

http://blogs.wsj.com/economics/2015/07/28/u-s-homeownership-rate-hits-48-year-low/

The homeownership rate continued to decline in the second quarter of 2015, hitting a 48-year low. The country is experiencing its lowest homeownership rate since 1967. According to the Commerce Department, the seasonally adjusted homeownership rate declined to 63.5 percent, down from 64.7 percent in the second quarter of 2014. However, it should be noted that the decline in homeownership reflects a positive trend: The number of rental households is growing.

  

Homes Sellers Find Eco Friendly Features Have Minimal Results on Sales

Unfortunately the increasing awareness of our society on environmentalism has done little to impact our decision making when purchasing a home…

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