Category Archives: Economy
It’s cheaper to buy a home than rent, but only if...
Source: CNBC The supply of listings in April fell 9 percent compared with a year ago. Unfortunately for buyers, the cheapest segment of the market is where supplies are lowest. Home prices...
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Homeless population in LA County jumps 23 percent; officials blame rising...
Source: KPCC Radio The number of homeless in Los Angeles County has continued to rise, jumping an astonishing 23 percent this past year, a clear sign that major challenges lie ahead as the region embarks on its most...
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Talking Points
According to the National Association of REALTORS® (NAR), total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, dipped 2.3 percent to a seasonally adjusted...
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The Next Shortage Facing Young Homebuyers: Good Schools
Source: Bloomberg One effect of the U.S. housing market crash was to cripple homebuilders and their lenders, forcing construction workers to find jobs in other fields. Today, homebuyers have returned to the market in full force, but the...
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Why 2 out of 5 young Californians still live at home
Source: KQED State lawmakers have introduced more than 130 bills this legislative session to try to solve California’s housing affordability crisis, proposing everything from 150 square-foot apartments to a $3 billion affordable housing...
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Is more urban sprawl the solution to California’s housing crisis?
Source: Orange County Register In a state where vacant homes and apartments are scarce and where rents and house prices are out of control, state leaders and experts have proposed a host of solutions. Build more homes, build them in...
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