Where are house investors most active in California?
Roughly one in six California houses is owned by someone who doesn’t live there – but investors’ market clout varies across the state. That’s what my trusty spreadsheet found after reviewing a BatchData report that found investors of all sizes own 1.28 million houses statewide – 17% of California’s
Average US long-term mortgage rate dips to where it was 3 week ago, just above 6%
By ALEX VEIGA, AP Business Writer The average long-term U.S. mortgage rate is holding at just above 6% after reversing a modest uptick in recent weeks just as the housing market closes in on the spring homebuying season. Related Articles This San Diego AI giant wants to merge with its rival. Togethe
US homes sales fell sharply in January, even as mortgage rates continued to ease
By ALEX VEIGA, AP Business Writer Sales of previously occupied U.S. homes fell sharply in January as higher home prices and possibly harsh winter weather kept many prospective homebuyers on the sidelines despite easing mortgage rates. Related Articles This San Diego AI giant wants to merge with its
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