Category Archives: Real Estate
California home to six of nation’s most valuable housing markets
Source: Zillow The total value of U.S. housing rose more than $2.6 trillion in the past year to just under $52 trillion – up $1.1 trillion from housing’s previous value peak of June 2022, and six California markets were at the top of the...
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Homeownership as a vehicle to build wealth
Source: USA Today Over the last decade, the median-priced home in the U.S. gained $190,000 in value, making the typical homeowner 40 times wealthier than if they had remained a renter, according to a report by the National Association of...
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REALTOR® PARTY PREVAILS AGAINST EFFORTS TO IMPOSE STRICT RENT CONTROLS AND...
REALTOR® PARTY PREVAILS AGAINST EFFORTS TO IMPOSE STRICT RENT CONTROLS AND UNDERMINE THE ELLIS ACT With the collective effort of REALTORS® who sent emails and made phone calls and social media posts, C.A.R. lobbying was effective in defeating...
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Why Bay Area home prices unlikely to drop despite higher mortgage...
Source: SF Chronicle Mortgage interest rates recently exceeded 5% for the first time in more than a decade. However, there are few signs that the sharp rise in mortgage rates will lead to noticeable declines in Bay Area home prices anytime...
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2021 Study: How Much Value Do Granny Flats and other Accessory...
Source: Porch Research Key Findings There are an estimated 1.5 million Accessory Dwelling Units (ADUs) in the United States, making up roughly 2% of all homes in the country ADUs are growing at a rate of 9%, or 100,000 per year An...
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