Absorption Rate Analysis: July 2023 is Dropping It Like It’s Hot… Because It Is

Leave it to the hottest month on record to deliver a breath of fresh air to Southern California homebuyers. While it’s not exactly unanimous, 10 of the 12 neighborhoods we monitor dropped closer to a buyer’s favor. And we’re not talking about minor drops in most cases. One neighborhood even sank a surprising 18 percentage […]

Here’s What to Do if the Home Insurance California Brokers Offer No Longer Covers You

If you’ve been paying attention to the news, you’ve seen it’s getting harder to secure California homeowners insurance. Farmers Insurance, the second most popular home insurance California provider, just announced their intentions to place a cap on new policies. This trails even stricter decisions by State Farm and Allstate to completely cease issuing homeowner’s policies […]

Absorption Rate Analysis: June 2023 Sees 5 Record Highs

While June’s absorption rate statistics favored surges further into the seller’s market (no shock there), we saw a bit more balance than May’s brutal surge-fest. For one, June’s most aggressive climb was nine percentage points; a far cry from the vicious 15% lunge we saw in Upland in May. Also, while we only witnessed two […]

Absorption Rate Analysis: May 2023 – Surprise! More Seller’s Favor Surges

We hope you enjoyed last month’s drops (in all but two of our neighborhoods, anyway) closer to buyer’s territory. Because a good amount of those same neighborhoods are snapping right back up like a bungee cord, rocketing us even further into the seller’s favor. Sure, there are a couple of neighborhoods still powering on with […]

Allegations of Unethical House Flippers Prompt Call for Regulations

Nonprofit media organization ProRepublica recently published a piece drawing attention to disturbing allegations against one of the biggest corporate house flippers in the industry. Their journalistic scrutiny brings to light several tales of the unethical, bordering on horror. It’s demanding a distinction between service and abuse; two completely disparate concepts with a surprisingly blurry line […]