California Housing Markets 2021
California Housing Markets 2021
California’s Housing Market is in a massive bubble territory in 2021. There are signs that the current real estate market cooling, is about to turn into a major downturn. But, that is just my personal opinion & if you disagree, or for other reasons, are considering purchasing a California home, this video may shed light on the best California areas to consider. Some California cities are more at risk of a Housing Crash than others. Find out what the BEST v. WORST cities are for real estate in California!
Real estate prices across California have reached record levels relative to wages. At the same time, there is an exodus of people migrating out of California. Read more 
Canadian housing bubble?
Canadian housing bubble – a reflection of the Southern California housing market?
Could the fast home appreciation occurring in Canada be a mirror reflection of our own Southern California real estate market?
Canada is experiencing a huge real estate boom over the past two decades. When I say boom…I just mean the value of someone’s house goes up a lot. This is great for current homeowners, but this is terrible for new home-buyers who now have to take out a much larger mortgage to get their first house.
Why is this a problem? Why is it bad for someone’s house to appreciate rapidly in value for decades? This is bad because it eventually gets to a point where the price of a house is beyond any accurate or rational reflection of its actual worth. A house with a value of $1,000,000…may in reality only is worth a couple hundred thousand. Read more
Real Estate Market Condition
Real Estate Market Condition
With just over five months left for the 2015 real estate market, the market remains strong and barring any major interest rate hikes should remain so through the end of the year.
According to the most recent S&P/Case-Shiller Home Price Index, home prices continued to increase in May, though not at the pace many experts had predicted. On a national basis, single-family home prices seem to have settled in at an annual appreciation averaging between four and 5%.
The chairman of the S&P Dow Jones indexes said that he expected the future average home prices to slow down rather than accelerate. Meanwhile, the average single-family home resale price appreciation has been about double that of inflation and wage price increases for the year. Read more
San Diego Real Estate Bubble … What Bubble?
It's Always A Good Time To Buy Real Estate…right??
In 2005, the media ‘talking heads’ adamantly asserted that a San Diego housing bubble was a myth. In the Spring of 2006 they said the ‘minor correction’ was over and in the Spring of 2007 said it was time to jump on the great home values. Most recently they were predicting a likely turnaround for the Spring of 2008. Yes, the industry ‘insiders’ have had a perfect record for being wrong. But, wait … the Spring of 2009 may see our long awaited turnaround. Just don’t bet your house on it! San Diego real estate agents