Since the pandemic, the market has been bouncing back strongly. In fact, “it’s too strong that I don’t know if the current market condition is worth celebrating,” says C.A.R. Analyst Guillermo Flores.” The Numbers: Sales up 65% from last April CA price set another record and soared passed $800k for the first time Active listing dropped […]
Aug. 2020 CVAR Market Snapshot
Our CVAR update from C.A.R. Research Analyst Guillermo Flores: Overall, the market has been doing well, at least for August. Sales soared from last year by double-digits as rate remained favorable and the statewide median price set a new record and surpassed $700k for the first time. With prices on the rise, mortgage payment on a typical […]