Real Estate
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Los Angeles County Market Shows Mixed Trends
The Los Angeles County housing market showed mixed signals in February 2026, with prices declining slightly while inventory and buyer activity presented uneven trends, according to a new report from the California Association of Realtors. The report found the median price for single-family detached homes reached $842,660 in February. That reflects a 4.2 percent drop…
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Home Insurance Costs Strain Local Homeowners
Rising home insurance costs are forcing many Americans to make difficult financial decisions, according to a recent study by Insurify. The findings reflect growing pressure on household budgets, a trend that may also affect homeowners across the San Gabriel Valley. The study found that 59% of U.S. homeowners saw premium increases in 2025. As costs…
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Federal Reserve Rate Decision Signals Inflation Risk
The Federal Reserve held its benchmark interest rate steady at its latest meeting, citing rising inflation risks tied to escalating tensions in the Middle East. The decision reflects growing caution among policymakers as higher oil prices complicate the economic outlook. The move carries implications for housing markets in the San Gabriel Valley, where borrowing costs…
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Senate Housing Affordability Bill Advances
The U.S. Senate approved sweeping housing legislation last week aimed at expanding housing supply and lowering costs across the country, a move that could eventually affect housing conditions in the San Gabriel Valley. The Senate passed the 21st Century ROAD to Housing Act with bipartisan support Thursday, marking the most significant federal housing legislation in…
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San Gabriel Valley Housing Market Cools Slightly
The San Gabriel Valley housing market showed signs of cooling last week as sales activity declined across California, according to the latest statewide report from the California Association of Realtors. The weekly market snapshot for the period ending March 14 shows fewer closed sales, fewer new listings, and slightly slower buyer activity statewide, trends that…
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Mortgage Rates Lift Housing Buyer Optimism
Americans are feeling more optimistic about the housing market as mortgage rates fall below a key level. Still, high home prices continue to prevent many buyers from entering the market. A recent national survey found that nearly two-thirds of Americans were aware that mortgage rates dropped below 6 percent in late February. The decline appears…
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California Housing Affordability Index Improves
California housing affordability showed modest improvement at the end of 2025, offering cautious optimism for homebuyers across the San Gabriel Valley. According to fourth-quarter data, the statewide Housing Affordability Index rose to 18 percent in Q4 2025. That marks a one percentage point increase from the third quarter and a two-point gain compared with the…
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California Housing Market Data February 2026 Update
The California housing market data February 2026 report shows steady sales activity and growing inventory across the state, according to the California Association of REALTORS®. The report, reflecting a daily average for the week ending Feb. 14, 2026, offers a snapshot of closed sales, pending transactions and new listings. While the data represents statewide trends,…
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Homeownership Rate Ticks Up In 2025
The California homeownership rate rose slightly at the end of 2025, reflecting slower price growth and more moderate interest rates nationwide. New data from the U.S. Census Bureau show the national homeownership rate reached 65.7 percent in the fourth quarter of 2025, up from 65.3 percent in the third quarter. The figures come from the…
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Rosemead Community Clean-Up Set Feb. 28
The Rosemead community clean-up returns Feb. 28 as city officials call on residents to help improve parks, streets and public spaces. The Beautification Commission will host the event Saturday, Feb. 28, with check-in at 8:30 a.m. at the Garvey Community Center, 9108 Garvey Ave., according to a city flier and social media announcement. Organizers will…