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Southern California Real Estate Remains Remarkably Resilient
Southern California Real Estate Remains Remarkably Resilient
Southern California Coldwell Banker Realty President, Jamie Duran, notes the following regarding the Southern California Real Estate Market as of August 31, 2021.  Even as the pandemic persists and economic uncertainty rises, the housing market, although showing signs of some normalization, remains remarkably resilient.  The market is just returning to pre-COVID levels where excess demand
Custom Home Sales Decline Slightly From June But Luxury Market Marches Forward
Custom Home Sales Decline Slightly From June But Luxury Market Marches Forward
Homeowners across the nation watched the housing market take a brutal pounding during the Great Recession as their equity vanished. Jamie Duran, President of Coldwell Banker Southern California, observes that a new trend has emerged.  Homeowners remain in their homes for a lot longer as they are now content in simply keeping their home.  As the
Residential Real Estate Sales Robust in February with Year over Year Average Decrease of 55% for Days on Market, Increase of 20% for Home Prices
Residential Real Estate Sales Robust in February with Year over Year Average Decrease of 55% for Days on Market, Increase of 20% for Home Prices
Los Angeles saw highest number of units sold, Orange County had the highest average sales price, Riverside’s average days on market dropped the most, and San Diego experienced the lowest inventory of the four counties. Extremely low inventory levels are pervasive across Southern California as homes sold on average 55% faster in February 2021 over