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Home Sales Across SoCal Run at the Slowest Pace on Record

With only 15% of residents able to buy, the number of house deals runs 33% below the 37-year average.

Fed Leaves Rates Unchanged Despite Slowing Inflation, Projects Only One Rate Cut in 2024

Thousands of first-home buyers have deposits wiped out

CoreLogic data shows that 81 percent of homes bought by first-home buyers between October 2021 and March 2022 have dropped in value from the time of purcha

Fed Cool On Rate Cuts Despite Encouraging May Inflation Report

Policymakers now envision making just one rate cut this year, but investors who fund most mortgages are still betting the central bank will change its tune if inflation continues to ease.

Weather disasters drive surge in US home insurance rates

Millions of Americans are losing their homes in a record number of weather catastrophes, and insurance companies are raising premiums to record levels in many states while some are simply going out of business.