Items Tagged with 'PropertyRadar'

ARTICLES

  • PropertyRadar: No, California is not in a housing bubble

    Home sales fall to lowest level since 2008
    San Francisco Bay Area home sales plummeted to the lowest of any month since February 2008 as average home prices soared into the millions. The extreme rise in home prices, however, is not a sign that the housing market is in a bubble and about to pop. Instead, this report explains what is to blame.
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  • California home sales decline as market moves into autumn

    Follows seasonal trends
    Summer is over, and the housing market is transitioning into the fall and winter months. As a result, California home sales followed typical seasonal trends in September and decreased. Madeline Schnapp, director of Economic Research for PropertyRadar, takes a longer-term view to give a better picture of the market.
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  • California home sales flat in August

    "Flat is the new black"
    California home sales wrapped up the summer on a low note, but the news doesn’t come as much of a surprise, Madeline Schnapp, director of Economic Research for PropertyRadar, said in the latest report. Schnapp explained this report similarly to how she unraveled the July report. They key to understanding is in the details.
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  • No, California's housing market didn’t fall "off a cliff" in July

    The silver lining in the state's housing market
    At first look, it appears California’s housing market in July significantly struggled, with single-family homes and condominiums falling a whopping 10.4% for the month. But PropertyRadar dug a little deeper into the data, finding that while sales did decline, it wasn’t as bad as first expected.
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  • California selling fewer homes so far this year

    Annually, home prices still increasing
    New data shows that home sales decreased annually in the Golden State, but increased monthly. Prices continue to increase due to lack of affordable inventory. Despite rising home prices, cash sales also increased from last month. PropertyRadar’s director of economic research explains why.
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  • California's housing affordability crisis isn't going away

    Especially along the coast
    While California’s housing market is following seasonal norms, its affordability crisis continues to lurk in the background as homebuyers struggle to enter the market. In the latest report from PropertyRadar, Madeline Schnapp, director of economic research, notes that affordability has become a significant issue in many coastal counties throughout the state.
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