The “experts” predicted a 1% decrease in the number of home sales for the month of June, but it actually rose 5.3% nationwide and 1.7% for the Western region. The SoCal housing recovery, while underway, seems to be lagging the rest of the country … at least for the moment.
Interest rates increased 1/8% for some programs over the previous week. Where loan rates will begin the week of August 11.