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Industry Observer - CDRE #01044712

ARCHIVED BLOG POSTS

2024 

On February 14, 2024, Realtor.com reported that in South Pasadena, California median list price was $1,549,000 in January of 2024 gained from $1,475,000 in December of 2023, but fell 14.0% from $1,758,500 in January of 2023. While, median sales price for a home and a condo was $1,400,000 in Janua...
02/23/2024
On February 22, 2024, National Association of Realtors® (NAR) reported that nationwide existing home sales up 3.1% to annual rate of 4.00 million homes in January of 2024 from December of 2023, but down 1.7% from 4.07 million homes from January of 2023.There were 1,01 million homes supplies of av...
02/23/2024
On February 16, 2024, California Association of Realtors (C.A.R) reported the homes values down 1.9% to the price of $559,280 in January of 2024 from price of $570,000 in December of 2023, but gained 3.6% from price of $738,500 in January of 2023 in Inland Empire, California. While, homes sales f...
02/22/2024
On February 16, 2024, California Association of Realtors (C.A.R) reported the homes values down 1.3% to the price of $750,000 in January of 2024 from price of $760,000 in December of 2023, but rose 7.1% from price of $700,000 in January of 2023 in Los Angeles Metro Area, California. While, homes ...
02/21/2024
On February 16, 2024, California Association of Realtors (C.A.R) reported the condo & town-home values down 0.8% to the price of $630,000 in January of 2024 from price of $635,000 in December of 2023, but increased 8.6% from price of $580,000 in January of 2023 in California. While, condo & town-...
02/21/2024
On February 16, 2024, California Association of Realtors (C.A.R) reported the homes values unchanged 0.0% to the price of $790,000 in January of 2024 from price of $790,000 in December of 2023, but rose 7.0% from price of $738,500 in January of 2023 in California. While, homes sales fell 12.2% in...
02/20/2024
On February 16, 2024, the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reported nationwide housing building permits down 1.5% to 1,470,000 units in January of 2024 from 1,493,000 units in December of 2023, but gained 8.6% from 1,354,000 in January of 2023. Single fa...
02/20/2024
Every year on the third Monday in February, and this year on Monday February 19, 2024, we celebrate the President's Day.In the past, we observed Abraham Lincoln's birthday on February 12, and George Washington's birthday February 22. In 1971. President, Richard Nixon ordered the Presidents' Day t...
02/19/2024
On February 16, 2024, California Association of Realtors (C.A.R) reported an annualized rate of 256,160 single family homes sold in California in January of 2024 jumped 14.4% from 224,000 in December of 2023, and rose 5.9% from 241,920 home sales in January of 2023. While, single family homes val...
02/18/2024
On February 14, 2024, Realtor.com reported that in Sunland, California median list price was $899,000 in January of 2024 gained from $839,950 in December of 2023, and increased 8.0% from $829,444 in January of 2023. While, median sales price for a home and a condo was $665,000 in January of 2024,...
02/17/2024