Tag Archives: Economy
Rent control measure on its way to California ballot
Source: The Sacramento Bee California voters this year will likely decide whether cities across the state should have more power to enact stronger rent control. Rent control proponents behind a proposed November ballot initiative that...
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Why buying a house today is so much harder than in...
Source: Curbed In 2016, millennials made up 32 percent of the homebuying market, the lowest percentage of young adults to achieve that milestone since 1987. Nearly two-thirds of renters say they can’t afford a home. Even worse, the...
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Number of multigenerational households hit all-time highs
Source: Housing Wire The share of Americans living in multigenerational households, homes with two or more adult generations, hit an all-time high in 2016, according to a new analysis of U.S. Census Bureau data from the Pew Research...
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One-third of LA homes sell above asking price
Source: Curbed In Los Angeles, where a very hot housing market shows no signs of slowing, nearly 40 percent of homes now sell above asking price, according to a report from Zillow. How much above? Around $14,100—more than twice the...
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Could recreational pot boost your home price?
Source: The Mercury News As recreational marijuana sales ramp up throughout the Bay Area, could the newly legal drug end up creating an unexpected type of high — in our real estate market? Researchers looking at the impact of legalized...
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