Real Estate Updates | Morgen Real Estate

Halloween Haunts and Enhances the Housing Market

Halloween unites communities with creativity, tradition, and festive flair. Halloween in California has evolved from its Celtic roots of warding off spirits to a modern celebration that impacts neighborhoods and housing trends. Initially brought to...

Think — Who Benefits In the Long Run?

Protect California Homeownership. Just Vote “NO” on Prop 33. Proposition 33 aims to repeal the Costa-Hawkins Rental Housing Act, expanding rent control to single-family homes and giving politicians and unelected boards complete control over rent...

California’s Job Boom And Challenges

July Sees Strong Job Gains, But Hidden Economic Strains and Mixed Signals Persist California’s labor market showed strong job growth in July, with 21,000 new jobs added, marking the best performance in six months. However,...

VA Lifts Ban on Direct Payment for Real Estate Representation

Temporary Policy Change Aims to Improve Homeownership Opportunities for Veterans, Following Advocacy from REALTORS® and Industry Partners. The Department of Veterans Affairs (VA) plans to temporarily lift its ban on buyers directly paying for professional...

Dear California…

Special Address from the President of the California Association of Realtors (C.A.R.) Dear Californians, If you’ve been reading about real estate lately, you’ve no doubt heard about antitrust lawsuits and settlements by real estate brokerages...

Forecasting Economic Trends: Are We Heading Towards a Downturn?

Mortgage delinquency rates remained stable due to a strong job market and moderate increases in home prices; higher home prices are expected to rise in 2024, and no recession is anticipated. The economy is experiencing...

How REALTORS® Are Compensated For Services Rendered

The National Association of REALTORS® (NAR) does not set commissions – they are negotiable. The The National Association of REALTORS® (NAR) emphasizes that commissions are negotiable, not dictated by NAR. A litigated rule mandates listing...

Current Market Trends in California

California Market Update In January, despite slightly higher-than-expected inflation at the end of the previous year, recent headlines suggest positive trends. Consumers perceive a slowdown in overall price growth, stable rates, and increased homebuyer activity....

California’s Housing Affordability Challenge

California Housing Affordability – Q3 2023 In the third quarter of 2023, California continues to grapple with a housing affordability crisis, with only 15% of households able to afford the median priced home. The real...

California aims for sustained growth in 2024

C.A.R. releases its 2024 California Housing Market Forecast California housing market will rebound in 2024 as mortgage rates ebb. LOS ANGELES (Sept. 20) – Slower economic growth and cooling inflation will bring down mortgage interest...