Category Archives: Economy
Housing Shortage Puts the Squeeze on Middle-Class Workers
Source: KPCC For the last two years, Amber Bowser has driven an hour-and-a-half every day to and from her home in West Covina to work at a car rental service in Van Nuys. The commute is dreadful, but like many Californians, Bowser said...
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Millennials Think Housing No Longer Part of American Dream
Source: HousingWire In 2015, 80 percent of millennials said buying a home was part of the American dream, but the same survey taken at the end of 2016 showed that number dropped to 72 percent. “Given millennials make up...
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Talking Points Southern California home prices jumped in December, reaching the highest level in more than nine years. An improving economy and a shortage of homes for sale propelled prices up 6.8 percent from a year...
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Creating Housing That Older Americans Will Need
Source: Forbes There’s a huge disparity between the types of homes older Americans will need over the next 20 years and their availability and affordability, according to a Harvard Joint Center for Housing Studies...
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Are Local Housing’s Price Gains Real? Appraisers Seem to Think So
Source: OC Register Real estate appraisers are the industry’s professional party poopers. They’re paid to keep an eye on valuations so buyers, lenders – and even sellers – know a home price is within logical boundaries. If...
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