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The Southern California housing market is downshifting. The average home price in the six-county region fell 0.3% from October to $869,288 in November, according to Zillow, marking the fourth ...
Compared with a year earlier, the median was still up 10.5%, according to real estate firm DQNews. That's a big increase but far smaller than the 16.7% seen as recently as April. So what does this ...
But there’s a limit to how far the housing market can rebound as homeowners with ultra-low mortgage rates stay put instead of listing their homes and accepting today’s rates of 6% or more, a ...
For many prospective homebuyers, the last two years have been brutal as high home prices and mortgage rates produced the most unaffordable housing market since the 2000s bubble.. Many experts don ...
[79] [80] [81] In the rental market, California now has the lowest vacancy rate the state has ever seen, at 3.6%; [82] and while the median rent throughout the state for a two-bedroom apartment is $2,400, the median rent in coastal urban areas is even higher, surpassing $4,000 per month in San Francisco. [83]: 1
The California Social Housing Act is a proposed California bill to establish an independent statewide housing authority, known as the California Housing Authority, to acquire land for, develop, own and maintain public housing. The bill is authored by Alex Lee and was first introduced to the 2021–2022 session of the California State Legislature.
Oxnard. Average listing price: $867,274 Expected home value: $749,122 Premium: 15.77% Oxnard is something of an under-the-radar coastal city in Southern California, 60 miles northwest of Los ...
The Housing Accountability Act (HAA) is a California state law designed to promote infill development by speeding housing approvals. The Act was passed in 1982 in recognition that "the lack of housing, including emergency shelter, is a critical statewide problem," and has also been referred to as "the anti-NIMBY law."