Category: Western U.S.

Housing Market Begins to Stabilize

July 27, 2021
housingLocal NewsNorthern CaliforniaOpinionRegional-Local NewsSouthern CaliforniatrendsUSViewpointsWestern U.S.
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Commentary Evidence is growing that the U.S. and western housing markets are returning to pre-pandemic norms. The U.S. Census Bureau and Department of Housing and Urban Development released national data July 26, showing homebuilders are now offering enough homes to meet current demand for 5.9 months, almost exactly the middle of the five-to-seven month range…

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Home Inventory Remains Low in Strange Start to Home-Buying Season

May 25, 2021
Analysisfirst-time buyersHouse Priceshousing marketinventoryLocal NewsLos AngelesOpinionOrange CountyRegional-Local NewsSan DiegoSouthern Californiau.s.USViewpointsWestern U.S.
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Commentary U.S. home prices continued to climb in March and have risen nearly 15 percent since the beginning of 2020. That is the takeaway of a U.S. housing market analysis by Standard & Poors, in conjunction with CoreLogic. The study was completed using a method advocated by Nobel-laureate Robert Schiller, which uses actual home price…

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Economy in Western US is Improving, Report Says

April 15, 2021
Analysiscommentaryeconomic outlookeconomyFederal ReserveOpinionpandemicRegional-Local NewsreportsSan Francisco Federal Reserve BankSouthern CaliforniaUSViewpointsWestern U.S.
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Commentary The Federal Reserve Bank of San Francisco (SF Fed) on April 14 reported ongoing demand in residential real estate, some tapering in mortgage refinance activity, and hiring of furloughed workers in the hospitality industries where health restrictions have been relaxed. As part of the Federal Reserve’s monthly Beige Book report, the SF Fed provided…

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