Written by Jim the Realtor

January 25, 2018

If buyers are looking for good news today…..the last three Januarys had the lowest pricing of the year.  If you can just find something to buy!

Statewide graph above, Southern California below.


2 Comments

  1. Jim the Realtor

    Fewer sales are coming….

    Statewide active listings continued to decline in December, dropping 12 percent from a year ago. Since the beginning of the year, active listings have declined by more than 10 percent every month, and the number of available listings for sale has trended downward for more than two years.

    Sales dropped in five of six counties in the Southern California region, with both Ventura and Orange County decreasing by double digits. A supply shortage and affordability were likely factors in the decline. Sales in Los Angeles, San Diego, and Riverside also dropped moderately when compared to last year, while sales in San Bernardino remained virtually unchanged.

    https://www.car.org/en/aboutus/mediacenter/newsreleases/2018releases/dec2017sales

  2. daytrip

    MAN, this stock market is BEASTLY!
    I don’t own any, but Netflix is an angry ape!
    A lot of people made a lot of money this year.
    When people close out their positions, we know they aren’t gonna leave it in the bank.
    Betcha it rolls right into real estate. If so, now’s the time to buy, before the people with stuffed pockets arrive. Must be tough to not like Trump about now. I feel for those guys. It’s like criticizing the generous rich uncle in the family: “yeah, yeah, okay, fine, he grabbed your butt once. Get over it!”

Klinge Realty Group - Compass

Jim Klinge
Klinge Realty Group

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