The annual California housing market and economic outlook examines where the market has been and where it is expected to go in the upcoming year. Existing single family homes sales are projected to decrease 8.2 percent from 2013 and are forecasted to increase 5.8 percent in 2015. Also, the annual median price for 2014 is expected to rise 11.8 percent year over year and will further increase by 5.8 percent in 2015. Download presentation
Millennials are one of the largest segments of our population, following the Baby Boomers. They are now into their early 30’s and entering their prime wage earning years. How many are renters? How many are home owners? What do they look for in a home? How do they find an agent? Find out the answers to these burning questions and all about Gen Y as the results of C.A.R.’s 2014 Millennials Survey are revealed. As the largest segment of our population approaches retirement and their “Golden Years,” what will the impact be on the housing market? Will they downsize and move to urban centers? Will they stay put as their children move back in with them? Do they have to postpone retirement? How were they affected by the recent recession? C.A.R.’s 2014 Baby Boomer Survey will answer these questions and lots more about this generation.