According to a recent report, almost two-thirds of California counties have witnessed a decrease in active home listings compared to the previous year. This data suggests a significant decline in the state’s housing market activity, hitting a 16-year low. The findings underline the challenges faced by both buyers and sellers in California’s real estate industry.
Key points:
– Around 62% of California counties experienced a drop in active home listings.
– The decline in housing market activity is at a 16-year low.
– This trend indicates significant challenges for both buyers and sellers in California’s real estate industry.
You can read this full article at: https://wrenews.com/fannie-mae-forecasts-home-sales-and-mortgage-origination-recovery-in-2024/
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