Home sales pull back in July as California’s median price slips below $900,000 Existing, single-family home sales totaled 263,170 in July on a seasonally adjusted annualized rate, down 6.0 percent from June and up 1.1 percent from July 2025. The statewide median home price declined to $887,680, down 1.9 percent from $904,640 in June and up 0.3 percent from $885,180 in July 2025. Year-to-date sales increased 1.8 percent. SACRAMENTO (Aug. 17, 2026) – California home sales retre

As of August 3, 2026, Fannie Mae and Freddie Mac have instituted new rules that are aimed at ensuring the safety of condominium projects. These rules, however, may complicate the mortgage underwriting process and impact sales transactions. Here is what REALTORS® need to know about the changes. Log in to C.A.R. and view the quick guide: https://www.car.org/-/media/CAR/Documents/Transaction-Center/PDF/QUICK-GUIDES/Quick-Guide---New-Fannie-Mae---Freddie-Mac-Condo-Mortgage-Rules.

C.A.R. reports... California housing affordability retreated in the second quarter after reaching a four-year high in early 2026 Higher mortgage rates and rebounding home prices increased borrowing costs for prospective buyers. Nineteen percent of California households could afford to purchase the $916,750 median-priced home in the second quarter of 2026, down from 22 percent in the first quarter but up from 17 percent in the second quarter of 2025. A minimum annual income of

Fake rental listings are becoming harder to spot since it’s increasingly easy to copy listing photos and get property info from online sources. Be especially wary when prices feel rare and someone’s pushing you to move quickly. Before sending money, slow down and verify: tour the property in person, search the address, confirm who owns or manages it, and be wary of anyone asking for payment through apps before you’ve seen the home. When in doubt, a REALTOR® can help you ask t