Aramco Report

The share of young adults who have returned to living with their parents after first moving out on their own has risen to the highest point since 1960. According to new data from the National Association of Realtors, the share of 25 to 34 year old's living at home rose to 17.8 percent in 2020 and re...

San Diego’s housing market is red hot but it’s not just affecting those venturing in to real estate but renters as well. According to a new report from Realtor.com, rental prices in the greater San Diego metropolitan area have climbed 29.3 percent over the past year bringing the median rent price to...

The amount of profit homes sellers made in 2021 reached its highest level since at least 2008, according to a new report. ATTOM’s Year-End 2021 U.S. Home Sales Report shows that home sellers nationwide saw profits of $94,092 on the typical sale. This is up 45 percent from $64,931 in 2020 and a whopp...

The coronavirus pandemic has resulted in people staying inside their homes more than ever. For many city-dwellers, that means having limited access to outdoor living space or nature. To make up for the lack of outdoor time, more homeowners have been adding plants inside their homes, according to a n...

Although the rate of new home sales slowed down over the course of the year, they ended 2021 with a bang. According to data from the U.S. Census Bureau and the Department of Housing and Urban Development, there was an 11.9 percent month-over-month increase in December in new home sales. This was the...

Despite the highly competitive nature of the housing market these days, there are certain protections that home buyers are simply not willing to give up. While waiving appraisals, home inspection or other contract contingencies may appeal to sellers, a new survey from the National Association of Rea...

In his 2022 State of the City address, San Diego Mayor Todd Gloria devoted a large section of his speech to addressing the housing crises and homelessness in the city. The Mayor began by touting some of the progress made in the last year toward curing the homeless problem in San Diego including noti...

Home buyers in 2021 saw a slimmer selection of homes to choose from than they have in years. Inventory levels, which were already chronically low, dropped even further last year, according new data. Zillow’s December 2021 Market Report shows that inventory plummeted in December by 11.1 percent bring...

With so few homes to choose from these days, home buyers are spending less time shopping for their new property and more time fighting for the few that interest them. According to a new report from the National Association of Realtors, homebuyers who successfully purchased a home in 2021 viewed a me...

The shrinking supply of homes for sale at the end of last year hit December sales volume in a big way. Closed sales of previously owned homes dropped last month by 4.6 percent from November and 7.1 percent from December 2020, according to the National Association of Realtors. Experts pointed out...