California Homes Cool But Still Affordable | Fresno News

California real estate cooled in July as median home prices dipped under $900K, hitting $887,680 — a drop from May’s record high — driven by rising mortgage rates and economic uncertainty. But there’s hope: inventory is up and rates may be peaking, potentially boosting buyer options heading into fall. While Bay Area prices soar (San Mateo County over $2M), Northern California and the Valley offer more affordable options, with some counties dipping below $250K. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/31ad809868b1de54