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The Local Lowdown
Quick Take: Home prices in Southern California reached record highs in May as more homes entered the market. The second quarter of 2022 will indicate whether the market is moving toward or away from normalization. May data show that the number of homes for sale rose, which indicates that inventory will follow the normal seasonal […]
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Home prices soared 20% in February. Analysts say we’ve peaked
Prices grew at the third-fastest annual pace in 35 years, according to the US National Home Price Index, released Tuesday. Since then, experts have observed early signs of a cooling market. BY DANIEL HOUSTON INMAN April 27, 2022 Home prices surged 19.8 percent higher in February than at the same time last year, according to numbers released […]
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International Buyers in the U.S.
Here’s a breakdown of the international buyer pool in the United States. Today I’ll talk about the international homebuyer market in the U.S. First, let me tell you about the top five international countries that are buying property stateside. China used to be our top international buyer, but Canada is now in the No. 1 […]
