The California lifestyle, from the climate and cultural diversity to economic aspects and leisure activities.

California Single-Family Homes Average Price & Forecasted Price for 2021, 2022, and 2023

The Federal Reserve Has Spoken

Interest rates are holding steady for now. But hints of future rate cuts suggest brighter days ahead for homebuyers.

Last Wednesday, the Federal Reserve announced its plan to maintain the federal funds rate at current levels. However, it predicts up to three rate cuts in 2024 if inflation keeps creeping toward the 2% target. This forecast signals potential rate relief on the horizon.

What does this mean for prospective homebuyers? Simply put, lower rates. The Fed doesn’t directly set mortgage rates, but its management of the federal funds rate influences lenders’ decisions. So, if the predicted 0.75% in cuts comes to fruition, spread across three meetings next year, mortgage rates could take a sizable dip.

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An aerial view of a residential California street.

The charm of California, with its golden beaches and towering redwoods, captivates the hearts of many, from long-time residents to expats discovering its charms for the first time. Understanding California living, especially if you’re an expat, involves more than just adapting to a new environment. It’s also about embracing a lifestyle. This journey towards creating the ideal Californian living experience begins with crafting a California dream home checklist. Whether the panoramic views or the culture draws you in, this checklist guides you to realize your vision of the perfect home in the Golden State.

Embracing the Golden Opportunity: Why the World is Moving to California?

California, synonymous with opportunity, has become a magnet for…

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If you’ve been sitting on the sidelines hoping for interest rates to drop or home prices to become a little more affordable, then I hate to be the bearer of bad news, but you’re going to be waiting a long time.

Much like many markets across US metropolitan areas, the Bay Area housing market has been in a state of freeze. Sellers are unmotivated to sell, as they’d be pushed into much higher interest rates upon repurchase, and buyers are struggling to cope with high interest rates.

As discussed in our previous article, interest rates and inventory in the Santa Cruz housing market are making it difficult to transact and holding housing prices high. What’s going to happen when rates inevitably drop?

Due to extreme supply constraints, we can…

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