California's avg. annual home-price gain slowed to ~2% through mid-2026, marking one of the softer statewide appreciation readings in recent years overall.
In the prior four-year stretch ending Q2 2022, California prices advanced at ~10% annually, showing how dramatically appreciation cooled after cheap-money policies ended.
Comparing those two four-year periods, California's appreciation pace slowed by 80%, dropping to ~2% from ~10% annually rather than signaling an outright price collapse.
California's gains shifted from national leader to back-of-the-pack, a major status change that cut bragging rights but created a better affordability backdrop.
From 1975 to 2018, California averaged ~8% annual home-price appreciation, the fastest among states, showing how unusual the current slower pace has been.

One lucky buyer will purchase this huge HUD home in the Country Club, also in the coveted Orcutt school district, and give it some TLC to make it a fabulous place! Over 3000sf, 5 bedrooms, 3 baths, living room plus family room. Extensive stonework. Large bonus room upstairs. Soaring living room ceilings.

BACK ON MARKET with a large price reduction! This manufactured HUD home is set in a lovely rural location and is open to bidding with FHA financing to both owner & non owner occupants.

Halloween falls on October 31 because the ancient Gaelic festival of Samhain, considered the earliest known root of Halloween, occurred on this day.
In the eighth century, Pope Gregory III designated November 1 as a time to praise all saints.
Soon, All Saints' Day incorporated some traditions of Samhain and the evening before was known as All Hallows Eve, and later Halloween.
Over time, Halloween evolved into a day of activities like trick-or-treating, carving jack-o-lanterns, festive gatherings, donning costumes and eating treats.
Today’s the day to eat candies and sweets to your heart’s content! Happy Halloween!

California's statewide median listing price reached $725K in Late-Q3, down ~3% yearly, showing sellers adjusted expectations after stronger pricing in prior periods.
On a sq-ft basis, California's median listing price was $456 in Late-Q3, about ~1% below a year earlier, reinforcing a broader statewide pricing reset.
Several California markets appeared among notable recent single-family decliners across California, including Oakland, Hayward, Sacramento, Stockton, SF, San Diego, and LA areas.
Several California condo markets also ranked among notable recent decliners across the state, including Oakland, Hayward, Contra Costa County, Fremont, and San Mateo County.
The bigger takeaway for California: asking prices and closed-sale prices both softened, pushing the market toward more realistic seller expectations and clearer price discovery.

Santa Barbara's council advanced a unanimous framework for short-term rentals and homeshares, adding zoning limits, licensing requirements, operating rules, and new fees citywide.
Inland residential neighborhoods generally would not allow whole-home rentals or homeshares, while commercial and mixed-use areas could; coastal rules allowed broader homeshare eligibility.
ADUs, affordable housing, live-work units, garages, storage spaces, and RVs were excluded, and homes with long-term tenants in the past 24 mo remained ineligible.
Operators would need a license, two-night minimum stays, quiet hours, and a local contact answering complaints within 30 minutes; fees were $3.3K upfront, $2.9K yearly.
Council kept one license per owner and one STR per lot. The licensing program was planned for January 11, 2027, with 180 days to comply.

Late-Q3 mortgage rates moved near 7% after a quarter-point central bank hike to ~4%, making refinances tougher for homeowners who locked lower first mortgages earlier.
Application activity reflected that shift: refinance requests ↓~9% in the prior week, purchase requests ↓~1%, total demand ↓~4%, and refis were ~39% of applications.
Over the 3 mo through Mid-Q3 2026, one inquiry index showed refis at ~2%, down from ~39% yearly, while home-equity products reached ~76%.
Equity demand kept building: Mid-Q3 inquiry volume ran ↑~11% MoM and >150% yearly, while 30-yr lender gaps exceeded 1 point, or ~$333 monthly on $400K.
Late-Q3 also brought softer builder sentiment, with the index at its lowest since 2025, while the 10-yr Treasury topped ~5%, keeping mortgage swings in focus.