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“The inventory problem is not going to get much better in 2024," one Realtor said. Resales and new construction can't fulfill all the demand. ... said in a real estate forecast summit on Dec. 12 ...
The average rate for a 30-year mortgage more than doubled between August 2021, when it was just 3 percent, and October 2023, when it reached 8 percent. ... crystal balls and give us their real ...
Prospective homebuyers that exited the market in 2023 due to high home prices and mortgage rates may fare better in 2024. A new Realtor.com report predicts that the average mortgage rate in 2024 ...
Sacramento, CA, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Registration is open for the 2024 California Economic Summit, which will take place in Sacramento, CA on October 8-10. This year’s Summit, produced by California Forward (CA FWD) in partnership with members of its California Stewardship Network, will continue to be the premier statewide event ...
The Real Estate Commissioner is appointed by the Governor, and serves as the chief executive of the Department of Real Estate. [4]Chika Sunquist was appointed Commissioner of the California Department of Real Estate (DRE) by Governor Gavin Newsom on November 28, 2023, and she assumed office on January 3, 2024.
California, though, should continue to have an unemployment rate higher than the national average, the forecast said. That rate averaged 4.2% last year and is expected to climb to 4.6% this year ...
The population of California on January 1, 2024, was estimated to be 39,128,186, according to the California Department of Finance.The population increased by 67,024 from 2023, the first rise in population since 2020.
2021 California Senate Bill 9 (SB 9), [1] titled the California Housing Opportunity and More Efficiency (HOME) Act, is a 2021 California state law which creates a legal process by which owners of certain single-family homes in single-family zoned areas may build or split homes on their property, and prohibits all cities and counties from directly interfering with those who wish to build such ...