Daily Breeze-
California house hunters looking to finance a purchase have returned to almost their old buying pace, according to one industry metric.
Real estate watchers often track the Mortgage Bankers Association’s weekly reports on mortgage applications as a gauge of housing demand. Since the battle against coronavirus became widespread, the association has published a California slice among its national data.
Here’s what my trusty spreadsheet tells me about the state’s “purchase mortgage” application trends during a spring homebuying season derailed by COVID-19.