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And the Higher Prices Just Keep on Comin’

With the beginning of each quarter, new home price data is released that is used to update monthly and quarterly home price indices.  At the national, state, county (Orange) and in most local neighborhoods, prices now exceed peak 2006/2007 levels.  At the national...

On the Road with Dave

One of my favorite excursions is a visit to another city or state to explore the real estate markets and to identify values, trends and opportunities.  In fact, I will periodically post my real estate-related travels ("On the Road with Dave") going forward. Recently...

Home Prices and Interest Rates

The FED interest rate hike and the Case-Shiller January results. The Fed increased the federal funds rate from 1.5% to 1.75% on 3/21/2018. This is the highest level since 2008 and most economists are predicting two more rate increases this year. These increases...

Case-Shiller Results for 2017

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index (for all nine US Census Divisions), was up 6.3% year over year for the end of 2017. The 10-City and 20-City Composites were also up, 6.0% and 6.3% respectively, year over year.  See the full press...

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DISCLAIMER

The Newport Beach Home Price Index (NBHPI), Newport Coast Home Price Index (NCHPI), and the Balboa Island Price Index (BIPI) each represent compilations of sales activity based in whole or in part on data compiled from the CRMLS multiple listing service, and includes properties sold by other brokerages. The accuracy of the information on this website is deemed reliable, but is not guaranteed by Girling REIG or the CRMLS. Any individual or entity intending to rely on this information should seek verification and verify the accuracy through personal investigation or investigation by appropriate professionals. All information and materials are provided "as is" without any warranty of any kind, either expressed or implied.