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Every month we publish the California Real Estate Market Analysis: mortgage rates, the statewide median, sales volume, inventory and a county by county breakdown. Subscribers get it in their inbox the day it goes out.
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The California Real Estate Market Analysis
Mortgage rates, the C.A.R. statewide median, closed sales, months of supply, affordability and a regional breakdown. Built from C.A.R., Freddie Mac, NAR, Census, ATTOM, Zillow and FRED releases, with every source named.
Recently funded loans
Real North Coast Financial deals with the property type, the loan amount, the loan to value and the reason the borrower needed to move quickly. Useful if you are trying to judge what actually gets funded.
Plain English hard money articles
How bridge loans work, what a probate or trust loan requires, and what an asset based lender looks at when credit and income are not the deciding factors.
Recent California market analysis reports
Read a few editions before you subscribe. Every one is free, on this site, with no form in front of it.
The Fed raised its target range a quarter point on September 16, the first increase of this cycle, and the 30-year fixed jumped to 6.95%. California's median moved back above $900,000 to $901,420.
Read the September reportThe statewide median fell below $900,000 for the first time in four months, to $887,680, while the 30-year fixed averaged 6.54% and reached a 12-month high.
Read the August reportClosed single-family sales hit a six-month high of 279,880 SAAR, up 6.0% year over year, even as the 30-year fixed climbed to 6.58% and headline CPI cooled to 3.5%.
Read the July reportCalifornia set a new price record at $914,810 in April while CPI jumped to 4.2% year over year, the fastest pace since 2023, and mortgage rates drifted back toward 6.52%.
Read the June reportNational existing home sales fell 3.6% to a nine-month low of 3.98 million SAAR, and California's statewide median closed at $830,370 with 29 median days on market.
Read the May reportSpecial reports
Between the monthly editions we publish deeper studies on one question. Subscribers get these first.
We took the median home price in each of California's 15 biggest counties, worked out the full monthly cost of owning it, and compared that to what a similar house rents for. Owning costs more in every one, from $297 a month in San Bernardino to $9,312 in San Mateo.
See where your county ranksWhat salary it actually takes to buy the median-priced home in all 15 major California metros, San Jose through Bakersfield, ranked from hardest to easiest, with the down payment and monthly payment behind each number.
See the 15 metros rankedReading the market is one thing. Funding a deal is another.
North Coast Financial is a California direct hard money lender. We fund our own loans, so there is no file being shopped around and no committee to wait on. Investment property purchases and refinances can close in 5 to 7 days. Rates start at 9.95% with points from 1.5, and there are no junk fees and no appraisal fees.
Tell us about the property and we will tell you quickly whether it is a deal we can fund.
(760) 722-2991