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  • Instant Reaction: Mortgage Rates, September 28, 2023

    OP

    Sep 28, 2023

    Instant Reaction: Mortgage Rates, September 28, 2023 The 30-year fixed rose this week to 7.31% from 7.19%, the highest level since December 15, 2020. By:  Jessica Lautz Mortgages & Home Financing

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  • Pending Home Sales Tumbled 7.1% in August

    OPAdmin

    Sep 28, 2023

    Pending Home Sales Tumbled 7.1% in August Pending home sales fell 7.1% in August 2023, with rising mortgage rates and low inventory reducing the pool of home buyers. Media Contact:  Lauren Cozzi 202-383-1178

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  • September 2023 Commercial Real Estate Market Insights

    OPAdmin

    Sep 27, 2023

    As low-interest loans mature at higher rates, all commercial real estate sectors face challenges. Higher vacancy rates and slower rent growth remain the dominant trends of the current market.

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  • NAR Supports SAFER Banking Act

    OP

    Sep 27, 2023

    NAR Supports SAFER Banking Act The SAFER Banking Act promotes safety and ensures economic expansion while providing clarity for professionals associated with the cannabis industry. Media Contact:  Tori Syrek Commercial & Investment Real Estate, Impact of Legalized Marijuana, Retail Properties

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  • August 2023 Foot Traffic

    OP

    Sep 26, 2023

    Nationally, Sentrilock home showings were down 9% year-over-year in August 2023. Showings declined in all four regions of the U.S.

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  • NAR Aims to Protect NFIP as Government Shutdown Looms

    OPAdmin

    Sep 26, 2023

    The association has launched a targeted call to action to defend current and future flood insurance policy holders.

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  • Staying Safe in the Residential Real Estate World: A REALTORS® Guide

    OPAdmin

    Sep 26, 2023

    Recent data on residential REALTOR® safety looks at how professionals in the field are taking proactive steps to protect themselves while serving their clients.

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  • Commercial REALTOR® Safety: Protecting Yourself in an Uncertain World

    OPAdmin

    Sep 26, 2023

    The safety of commercial REALTORS® is a paramount concern, and understanding the measures taken to ensure it is crucial.

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Office 831.241.7926

419 Webster Street
Suite 200
Monterey, Ca. 93940

DRE Lic # 02189016

Ocean Pacific Realty Group

831.241.7926

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