New home sales fall to 2-year low

New residential home sales dropped 8.9 percent in October, falling to a new two-year low, according to a new residential sales report released Wednesday. Continue reading

California fire destroyed 18 months of listing inventory

As of Oct. 2018, there were only 858 properties on the market in Butte County, and loss of more than 12,000 residences will result in an unstable local housing market for years to come. Continue reading

The longest housing inventory slump in history is over

After four straight years of declines, the nation’s longest inventory slump in history has finally come to an end, according to the latest data from realtor.com. Housing inventory was up 2 percent – or 25,000 listings – October 2018, versus October of … Continue reading

Home prices could begin to flatten nationally in 2019: Economists

Following years of steady appreciation, home prices could begin to flatten nationally in 2019, economists told Inman. Regionally, it’s a different story. Continue reading

Pending home sales decrease in August, marking 8-month decline

Pending home sales dropped 2.3 percent in August — the eighth consecutive month of annualized declines, according to the National Association of Realtors. Continue reading

New residential home sales rise in August, reversing 2-month decline

New residential home sales increased 3.5 percent in August, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Continue reading