Real Estate Updates | Morgen Real Estate

A stable housing market in California for March

Labor market data suggests that the economy is still running hotter than the Fed would like it to March 13, 2023 – The takeover of Silicon Valley Bank by Federal Regulators last week has ushered in...

A Formal Apology, Now What?

California Association of REALTORS® issues formal apology for past discriminatory policies Proposition 14 — a successful 1960s ballot initiative that overturned the State of California’s first fair housing law. LOS ANGELES (Oct. 14) The CALIFORNIA ASSOCIATION OF...

Who’s Buying In This Market?

August 2022 California Housing Sentiment Index With rising interest rates, and another more to come during the 4th quarter, is this a good time to sell? For home buyers, these are challenging times as the...

An Exciting Day For Morgen Real Estate

Ribbon Cutting Event – Morgen Real Estate, Inc. Celebrating Morgen Real Estate, Inc – Ribbon Cutting Event in Central Torrance with the City of Torrance, Mayor George Chen and Councilmember Asam Sheikh, Torrance Area Chamber...

Will California Water Issues Affect Housing Prices?

Save Water. Save California As the state’s drought conditions continue to worsen, Californians have been asked to voluntarily reduce water use by 15%. If conservation efforts don’t improve this summer, the state could be forced to...

Housing sentiment index 3 points up from last month

July 2022 California Housing Sentiment Index

Sales had the biggest drop since the pandemic shutdown

California median home price dipped after setting a new record in May

June 19, 2020

Freedom Day

Juneteenth (short for “June Nineteenth”) marks the day when federal troops arrived in Galveston, Texas in 1865 to take control of the state and ensure that all enslaved people be freed. The troops’ arrival came a full two...

May 23, 2020

How’s the Market

May 2020 Market Conditions Poll Each month C.A.R. surveys 1,000 California consumers regarding their sentiments about various aspects of the housing market or the economy that directly impact housing to create a California Housing Sentiment...

April 17, 2020

California home sales for March

California March 2020 Sales and Price Report Single-Family Home Sales: 373,000 (-6.1% YTY) Median Hone Price $612,440 (+8.2 YTY) Unsold Inventory Index 2.7 months (March 2019 3.6 months)