The housing market has rebounded from the low hit last spring during the worst of the coronavirus pandemic, the Department of Housing and Urban Development reported. Sales of new and existing houses are driven by low mortgage rates and a desire by many to leave cities for the suburbs. Lawrence Yun, chief economist at the […]
Why Homebuilders Are to Blame for Construction Decline
Southern California builders’ fixation on serving the luxury market — heavy with Chinese buyers — is now a drag on the industry. The year for local homebuilders started in the shadow of 2018 when construction slowed and unsold inventory grew to a near-seven-year high. Industry woes can’t be tied to common complaints such as regulatory […]
Nov. 5 – CVAR At A Glance
Featured Classes and Events Nov. 5 | CRMLS Training – CVAR HQ Nov. 6 | ELECTION DAY – Find your polling place, click here! Nov. 8 | Annuities, the Must-Knows – CVAR HQ Nov. 8 | Contract College – Session 8 Nov. 12 | Offices Closed in Observance of Veterans Day […]