Southern California Regional Intelligence

Here you will find all of our articles with topics that cover Southern California.

Why the Inland Empire New Home Market Lost Its Momentum

New home sales rebounded in the Inland Empire in 2012 and 2013, only to fizzle in 2014 and into mid-2015. What happened? After massive job losses during the late-2000s downturn, positive job growth resumed in the Inland Empire in 2011. …

Big Variety in the 6 Southern California Markets

Our outlook for this year varies dramatically by market and price point. At a high level, there are three major markets on the upswing, one is holding its own, and two are showing signs of slowing. Markets on the Upswing: …

Loan Limits Stifling New Home Sales in California and Arizona

The pool of qualified new home buyers appears to be running thin in California. The median new home price now: far exceeds the current GSE and FHA loan limits in Orange County, San Jose, the San Francisco East Bay, and …

Closer In or Farther Out?

It’s no secret that home prices in better-located Southern California markets (closer to the coast, jobs, and good schools) have held up better than prices in inferior locations (those farther inland with longer commutes and not necessarily great schools). But …

California’s Housing Costs to Income Ratios

California has always been expensive, and it is getting even more expensive as buyers from all over the world flock to the Golden State. Even considering today’s low mortgage rates, the ratio of monthly housing costs (which include mortgage, PMI, …

Don’t Let the Drought Dry Up Your Sales

When shopping for a new home, buyers have a new concern to add to their list: How are the schools? Is the area nice? Is there retail nearby? Will I have water? Maybe. Water has become the issue du jour …

Western Drought to Hurt or Help Housing?

While the drought throughout the Western US has created a lot of concern, it turns out that a number of companies and water districts were prepared, having invested in all sorts of technologies and water recycling programs. In fact, new …

Powerhouse Job Markets: California Dominating

Three powerhouse metropolitan areas—New York, Los Angeles, and Houston—together accounted for one of every seven new jobs created in the country over the last three years. These top three markets added 300,000+ new jobs from 2012 through 2014. A total …

How Much Is Too Much?

The headline screams, “Southern California New Home Inventory Has Almost Doubled since the Beginning of 2013.” Terrible news, right? Not necessarily. Even with the increase, new home inventory levels* are still near all-time record lows and are highly unlikely to …

In Short Supply: Southern California’s Housing Deficit

Good luck finding a new home to buy in Southern California these days-the supply of new home projects open and selling in Southern California is currently at a 20-year low. Cautious capital, a lack of finished lots, and notoriously slow …