Regency Real Estate Services

California median home price breaks $800,000 in April!

It sure is getting more difficult to find housing! Look at the 21% price increase! Almost every property is selling about 10% above listed price,

Five California markets lead in wealth gains from homeownership Source: National Assn. of REALTORS A home often represents about 90 percent of the total wealth of a household. Homeownership often has long been a way to build wealth over the long run and help narrow racial income and wealth inequity gaps.... Homeowners in five California markets are accumulating equity over a decade faster than anywhere else in the country, according to a National Assn. of REALTORS report. The areas that saw the greatest wealth gains from homeownership between the fourth quarter of 2010 and the fourth quarter of 2020 were: 1) San Jose-Sunnyvale-St. Clara: $929,471; 2) San Francisco-Oakland-Hayward: $761,204; 3) Anaheim-Sta. Ana-Irvine: $509,806; 4) Los Angeles-Long Beach-Glendale: $430,196; 5) San Diego-Carlsbad: $427,896.

The increasingly tight supply of homes for sale continues to fuel home price increases. In January, prices were up nearly 22 percent from a year ago, according to data from the California Assn. of REALTORS

Housing market is red hot in Southern CA and will definitely remain so through 2021 at least...

Just sold in Chatsworth! Congratulations To the buyers of this gorgeous townhouse!

What an incredible time to buy and lock in a 30 year low interest mortgage!

Just sold in Glendale! Congratulations to the buyers! Enjoy your beautiful home in the San Rafael Community.

Prop. 19 passed! This is good news for buyers aged 55 and over as they can keep the tax rate of their present home and won't need to worry about higher property taxes when they decide to buy another house and move.