Californians fleeing high cost of housing
Source: Mercury News For every home buyer coming into California, another three are selling their homes, packing up and moving out, according to data analysis firm CoreLogic.The trend of out-migration was also noted in a separate trio of...
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Making California housing affordable again will require new laws
Source: Orange County Register California can increase the number of homes that people can afford by giving more money to cities that build sufficient affordable housing, some said at a housing summit last week in Los Angeles by the...
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Should my neighbor be allowed to turn his house into a...
Source: Kiplinger The debate over short-term rentals, such as Airbnb and VRBO, is a constant one in all of America’s major cities. The debate centers around whether the entrepreneurial landlords or homeowners have the right to...
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First-time buyers find newer homes to choose from
Source: Realtor.com Sales of cheaper newly constructed homes, which buyers have been clamoring for, dropped in September, according to the U.S. Commerce Department’s new residential sales report. In fact, just 2 percent of all new home sales...
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Talking Points
More millennials entering their prime homebuying years, rising household formation, and continued job gains boosting overall demand are expected to be behind the slight increase in existing-home sales in 2017, according to a residential...
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Housing is now unaffordable in many rural parts of California
Source: KPCC Radio Inland, rural parts of California are becoming increasingly unaffordable too, according to a new report by the McKinsey Global Institute. The report found it is nearly as expensive to live in Watsonville, a small farming...
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