Builder Confidence Sinks To 14-Year Low
Builder sentiment hit a 14-year low as mortgage rates topped 7%, while CA sales slowed, SoCal affordability tightened, and Bay Area markets diverged.

Builder sentiment hit a 14-year low as mortgage rates topped 7%, while CA sales slowed, SoCal affordability tightened, and Bay Area markets diverged.

In Part 1 of Joey Romero’s conversation with Oscar Wei, Deputy Chief Economist at the California Association of REALTORS® (C.A.R.), they discuss the 2027 housing market forecast, mortgage rate projections, inflation, and housing affordability.

California's housing market is rebalancing unevenly: list prices dip, mortgage payments hit a record, sales sink in SoCal, foreclosures climb, and buyers walk from contracts.

National asking prices just posted their first annual dip since March as California markets split: San Jose prices fall, foreclosures tick up, and flippers retreat.

Immigration raids threaten California home construction as mortgage rates near 3-year highs, foreclosures rise, and LA County inventory tightens.

In Part 2 of Joey Romero’s conversation with Karin Hall, founder and CEO of uDirect IRA Services and owner of OCRIA, they discuss recent retirement account rule changes, alternative investments,
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