by Armen Mardirousi | Oct 19, 2026 | Real Estate Market News
Builder confidence in the market for newly built single-family homes fell three points to 29 in October, according to the NAHB/Wells Fargo Housing Market Index released this morning. That’s the lowest reading since June 2012 — and it has direct implications for...
by Armen Mardirousi | Oct 18, 2026 | Real Estate Market News
NAR released its September existing-home sales report on October 13, 2026. Closed sales ticked up 1.5% month-over-month to a 3.99 million annual pace — but they’re still down 2.2% from a year ago. Here’s what the numbers actually mean if you’re...
by Armen Mardirousi | Oct 12, 2026 | Real Estate Market News
Northridge posted the month’s most interesting contradiction: closings dropped 33% to 28 sales, yet it’s the only area of the five where homes sold faster — median days on market fell 11.4% to 31. Fewer deals, but the ones happening are happening quickly....
by Armen Mardirousi | Oct 12, 2026 | Real Estate Market News
Fresh supply hit Granada Hills in September: new listings jumped 50% — the biggest month-over-month increase of any area we track — with 60 homes coming to market. Sellers still commanded 101% of list price on the 28 homes that closed, but estimated property values...
by Armen Mardirousi | Oct 12, 2026 | Real Estate Market News
Burbank remains the most supply-constrained market in our five-area report: just 2.4 months of inventory, the tightest of the group and the only area where supply is down year-over-year (-8.4%). The median sold price hit $1,192,500 — the highest of the five — while...
by Armen Mardirousi | Oct 12, 2026 | Real Estate Market News
Glendale was the strongest seller’s market of the five areas we track in September. Buyers paid 102.3% of list price on average — the highest over-asking premium anywhere in the report — and homes went under contract in a median of just 17 days. The median sold...
