Aramco Report

The Blog
California’s new record-breaking property

A new price record may be reached in Marin County if a new listing sells for the full asking price. The sprawling northern California estate hit the market last week with a price tag of $85 million according to Realtor.com. This makes it one of the most expensive homes on the market in the state and...

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Oprah’s impressive real estate portfolio

In addition to having built a media empire that includes television networks, magazines, radio stations and book clubs, billionaire mogul Oprah Winfrey is also an apparent real estate tycoon. The formerly dubbed ‘Queen of Daytime’ is believed to own dozens of properties in several states worth over...

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Turkey frying delicious but dangerous

It may not be what the pilgrims did at their Thanksgiving, but the hottest trend these days is to deep fry your turkey. But frying a turkey can be dangerous if not done properly. In fact, a report from the National Fire Protection Association claims that each year there is more than $15 million in p...

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Renewed congressional action on affordable housing

Presidential candidate and California Senator Kamala Harris joined with Rep. Maxine Waters to introduce a bill in Congress last week to invest more than $100 billion in affordable housing. Entitled the Housing is Infrastructure Act, the legislation aims to tackle issues like affordable rentals and a...

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Housing inventory slims down again

Nationwide, the supply of homes for sale on the market is continuing to shrink, dropping to a 3.9-month supply as of October. This is well below levels experts consider to be healthy and the continuation of a long-term trend that has led to soaring home prices. The National Association of Realtors r...

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America’s most expensive zip codes

California remains unchallenged in its top spot as the most expensive housing market in the U.S. And while many may think the most expensive zip code is also the name of a famous 1990’s TV show, it’s not. Atherton, California, home to tech-titans like Google’s CEO, boasts a median home price of $7.0...

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Home sales on an upswing

Home sales in the U.S. climbed last month according to new data, marking the fourth consecutive month of the past six to increase on a year-over-year basis. According to information from the RE/Max National Housing Report, sales rose 3.9 percent in October. “October continued a recent win streak fo...

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San Diego home market continues to favor sellers

The housing market in San Diego is maintaining its long-held position as a sellers' market. According to Zillow, nearly one in five homes for sale in San Diego saw a price cut in September. This is down from nearly one in four during the same month last year. It appeared the San Diego was in for a...

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San Diegans spend more than most on home furnishings

In a survey of 1,850 Americans by home improvement resource Improvenet, just over half of consumers say their home is only partly decorated to their satisfaction. Many homeowners say that they envision how they will decorate or furnish their home when house hunting, but those dreams fall by the ways...

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Home builder confidence remains near high mark

Despite a small dip in November’s reading, homebuilder confidence is currently at its second highest level of 2019 and 10 points higher than it was last year. The National Association of Home Builders and Wells Fargo’s Housing Market Index fell 1 point this month to a reading of 70. The nation’s low...

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