Aramco Report

Twas the night before Christmas, when all through the house, strangers were lurking and moving about; The open house signs had all been nailed down, in the hopes that folks would visit from all over town; The children had cleaned and tidied their room, knowing that buyers would be there soon; And r...

House hunters in the greater San Diego region are more like to find other competition offers on a home when house hunting. According to a new report from Redfin, 72 percent of homes for sale in San Diego received multiple offers in November. Although this is down from 80.4 percent during the same mo...

As Baby Boomers seek to age in place, Millennials have quickly grown to be the largest generation of potential home buyers both this year and next. However, younger home buyers continue to face several obstacles in their quest to transition from renting to owning including high home prices, limited...

The 2021 housing market saw homes listed for sale flying off the market in a matter of days due to a combination of high demand and a chronic shortage of inventory. While experts predict that next year will bring similar imbalances to supply and demand, they largely agree that the frenzy over proper...

A growing number of homeowners in the U.S. are expressing concerns about making their monthly mortgage payments on time, according to a new survey. These concerns have manifested in borrowers taking on second jobs, borrowing money from family and friends or skipping vacations in order to keep their...

Closed escrow sales of existing, single-family detached homes in California continue to ride a record high, driven by low mortgage rates and strong demand. The California Association of Realtors reported last week that home sales reached an annualized rate of 454,450 in November. This represents wha...

Despite a turbulent year with supply and demand imbalances, rising prices and construction challenges, the confidence levels of America’s home builders remains high. According to the National Association of Home Builders/Wells Fargo Housing Market Index for December, confidence levels in the future...

Lockdowns and quarantines in the U.S. over the last two years has led to a historical surge of Americans looking to spruce up their homes. According to a new survey from tool manufacturer Dewalt, more than 70 percent of homeowners say they are thinking about a home renovation project before the end...

News of California’s housing shortage has become as common as reports about traffic on the 5 freeway but according to recent data from Fannie Mae, there’s more to the story that may be of interest to homebuyers in the state. Apparently, even with a small increase in new home construction over the la...

The realities of the rising cost of consumer goods is a problem for any American who is shopping for groceries, filling their tank or looking for a new refrigerator. But for seniors living on a fixed income, high inflation can be a detriment to their overall retirement plans. According to a survey f...