Thank you to everyone who contributed to the success of our 2021 5k Walk for Education, benefitting the Oral Lee Brown Foundation!
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On behalf of the Bridge Association of REALTORS® staff and leadership, we wish to extend our support and voice of optimism to the Joyner Family during this difficult time. As you may know, retired Captain Ersie Joyner and husband of Deidre Joyner (Red Oak Realty) was involved in a gas station shooting in Oakland several days ago.
Our prayers are with the Family with the following statement provided “Ersie is in stable condition, surrounded by his family, friends and colleagues. Due to the sensitivity of the situation and the ongoing investigation, we ask that you give Deidre and her family their privacy and most importantly, their space, to commit to Ersie's recovery. If you would like to show your support in more tangible ways, gift cards for food and other conveniences would be appreciated. https://www.giveinkind.com/inkinds/O5I3R9T/the-joyner-family
We know Ersie as an incredible father, husband, son, friend and servant to our community. His 28 years in the Oakland Police Department and commitment to this city in the prevention of violence and the care of its citizens has been beyond remarkable. He is a strong and capable man, but right now he can use your prayers and positive energy for his recovery.”
Thank you,
Jeffrey Neidleman, President Bridge Association of REALTORS®
The baseline scenario of C.A.R.’s “2022 California Housing Market Forecast” sees a decline in existing single-family home sales of 5.2 percent next year to reach 416,800 units, down from the projected 2021 sales figure of 439,800. The 2021 figure is 6.8 percent higher compared with the pace of 411,900 homes sold in 2020. California housing market to remain solid if pandemic is kept under control, but structural challenges will persist:
Existing, single-family home sales are forecast to total 416,800 units in 2022, a decline of 5.2 percent from 2021’s projected pace of 439,800.
California’s median home price is forecast to rise 5.2 percent to $834,400 in 2022, following a projected 20.3 percent increase to $793,100 in 2021.
Housing affordability is expected to drop to 23 percent next year from a projected 26 percent in 2021.
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