#california-housing-market

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#real-estate

Where are California's biggest rent hikes?

Despite talks of falling rents, California's housing market remains highly unaffordable, with average asking rents significantly above national levels.

California city has the lowest home turnover rate in the U.S. so far in 2024

California's housing market is tightening due to low homeowner turnover rates, significantly affecting availability for prospective buyers.

Vintage aluminium travel trailers in LA's Topanga Canyon ask $300K

Vintage travel trailers in Topanga Canyon are listed at $299,000 each, attracting interest as unique, affordable housing options in an expensive market.

Elias: The lesson of ultra-high coastal real estate prices look inland

Atherton remains the most expensive ZIP code in America despite a median price drop.
Luxury real estate markets in California continue to thrive despite economic fluctuations.

Dream home turns into expensive nightmare for family from San Jose

The Spaulding family's dream home quickly became a nightmare due to hidden toxic hazards and extensive repairs.

A tree-damaged' California house is getting astronomical' interest

The Monrovia home, partially destroyed by a tree, is listed at a low price, attracting renovation-focused buyers despite significant repair needs.

Where are California's biggest rent hikes?

Despite talks of falling rents, California's housing market remains highly unaffordable, with average asking rents significantly above national levels.

California city has the lowest home turnover rate in the U.S. so far in 2024

California's housing market is tightening due to low homeowner turnover rates, significantly affecting availability for prospective buyers.

Vintage aluminium travel trailers in LA's Topanga Canyon ask $300K

Vintage travel trailers in Topanga Canyon are listed at $299,000 each, attracting interest as unique, affordable housing options in an expensive market.

Elias: The lesson of ultra-high coastal real estate prices look inland

Atherton remains the most expensive ZIP code in America despite a median price drop.
Luxury real estate markets in California continue to thrive despite economic fluctuations.

Dream home turns into expensive nightmare for family from San Jose

The Spaulding family's dream home quickly became a nightmare due to hidden toxic hazards and extensive repairs.

A tree-damaged' California house is getting astronomical' interest

The Monrovia home, partially destroyed by a tree, is listed at a low price, attracting renovation-focused buyers despite significant repair needs.
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#real-estate-trends

California apartment permits dip to 12-year low but new home construction rises

The housing market in California is bifurcated, favoring homebuilders for single-family homes while apartment construction declines sharply due to oversupply.

Here are California's spookiest homebuying extremes

California's home prices rose 3%, but there are notable extremes in housing affordability across different regions.
Southern California's market remains strong, contrasting with a decline in the Bay Area.

Carter's presidency was No. 1 for California home-price gains

Carter's presidency led to significant growth in California home prices, despite economic challenges such as inflation.

California affordability fixes: 3.5% loans, 50% raises, or 33% home-price cuts?

California's homebuying affordability crisis demands dramatic changes, including lower mortgage rates, higher incomes, or decreased home prices.

California affordability fixes: 3.5% loans, 50% raises, or 33% home-price cuts?

California's housing affordability crisis requires significant changes in rates, income, or prices to improve the current situation.

California apartment permits dip to 12-year low but new home construction rises

In the first half of 2024, homebuilders thrive while apartment construction declines, reflecting contrasting trends in California's housing market.

California apartment permits dip to 12-year low but new home construction rises

The housing market in California is bifurcated, favoring homebuilders for single-family homes while apartment construction declines sharply due to oversupply.

Here are California's spookiest homebuying extremes

California's home prices rose 3%, but there are notable extremes in housing affordability across different regions.
Southern California's market remains strong, contrasting with a decline in the Bay Area.

Carter's presidency was No. 1 for California home-price gains

Carter's presidency led to significant growth in California home prices, despite economic challenges such as inflation.

California affordability fixes: 3.5% loans, 50% raises, or 33% home-price cuts?

California's homebuying affordability crisis demands dramatic changes, including lower mortgage rates, higher incomes, or decreased home prices.

California affordability fixes: 3.5% loans, 50% raises, or 33% home-price cuts?

California's housing affordability crisis requires significant changes in rates, income, or prices to improve the current situation.

California apartment permits dip to 12-year low but new home construction rises

In the first half of 2024, homebuilders thrive while apartment construction declines, reflecting contrasting trends in California's housing market.
morereal-estate-trends
#housing-affordability

For 20% of California, half the paycheck or more goes to housing

California's housing market is unaffordable, with 20% of its population spending over half of their income on housing.

California has 15 of 25 priciest places to live in US

California has 15 out of the 25 most expensive metropolitan areas in the U.S., largely due to housing costs.
San Francisco is the most expensive metro area, with housing expenses dominating the high cost of living.

18% of California households enjoy mortgage-free living

California's housing market makes owning a home without a mortgage a rarity; only 18% of households are mortgage-free.

For 20% of California, half the paycheck or more goes to housing

California's housing market is unaffordable, with 20% of its population spending over half of their income on housing.

California has 15 of 25 priciest places to live in US

California has 15 out of the 25 most expensive metropolitan areas in the U.S., largely due to housing costs.
San Francisco is the most expensive metro area, with housing expenses dominating the high cost of living.

18% of California households enjoy mortgage-free living

California's housing market makes owning a home without a mortgage a rarity; only 18% of households are mortgage-free.
morehousing-affordability

A Defining Moment For Kamala Harris - Her Actions During Foreclosure Crisis | KQED

Kamala Harris's decision to prioritize homeowner protections over a quick settlement during the subprime mortgage crisis shaped her political identity.
Her actions during the mortgage crisis highlight her commitment to advocating for vulnerable communities.

These 16 spectacular California homes hit the housing market in 2024. Take a look inside

California's 2024 housing market features diverse, high-value homes with unique historic and architectural significance.
#mortgage-rates

Are cheaper mortgages bad news for California's housing market?

Be cautious of falling mortgage rates and the potential impact on the real estate market.

In a first, most California houses sell for over $900,000

California's median house price surpasses $900,000, driven by high prices, rates, and inventory shortage.

Will the Fed cut interest rates at its meeting on Wednesday? Here's what to expect

California consumers may not see significant decreases in interest rates soon.
Mortgage rates are expected to stay high due to sticky inflation.

Are cheaper mortgages bad news for California's housing market?

Be cautious of falling mortgage rates and the potential impact on the real estate market.

In a first, most California houses sell for over $900,000

California's median house price surpasses $900,000, driven by high prices, rates, and inventory shortage.

Will the Fed cut interest rates at its meeting on Wednesday? Here's what to expect

California consumers may not see significant decreases in interest rates soon.
Mortgage rates are expected to stay high due to sticky inflation.
moremortgage-rates

ADU options set to expand in California

BOXABL received approval to sell ADUs in California, aiming to address the affordable housing crisis.
#housing-prices

Fewer Californians, More Homes Yet Housing Prices Go Up

California's increased housing supply has not led to lower prices due to economic factors and a significant number of vacant homes.

Where can you find the cheapest and most expensive homes in California? What's next in 2024?

California's housing market is expected to have a similar first quarter compared to last year, but changes may be on the horizon.
Sales of existing single-family homes in California have been below 300,000 a month and are predicted to continue that trend in the coming months.

Fewer Californians, More Homes Yet Housing Prices Go Up

California's increased housing supply has not led to lower prices due to economic factors and a significant number of vacant homes.

Where can you find the cheapest and most expensive homes in California? What's next in 2024?

California's housing market is expected to have a similar first quarter compared to last year, but changes may be on the horizon.
Sales of existing single-family homes in California have been below 300,000 a month and are predicted to continue that trend in the coming months.
morehousing-prices

Bad news for California renters: Multifamily permits hit 10-year low

Multifamily housing construction in California is at a 10-year low, potentially impacting rental relief for tenants.

A California home's yard is 31% below average size. Where are the biggest lots?

California homeowners live on less land compared to the average American homeowner.
Out of the 301 cities in California, only 55 have typical lots larger than the out-of-state average.
#affordability

Homeownership suffers in California, US as prices outstrip incomes

Increasing homeownership remains a challenge due to unaffordable housing, with California's rate at a 13-year high in 2023.

Where are California's rent bargains? They're not cheap

California rents are more expensive than the national average, with a median rent of $1,854 per month in the state's 10 cheapest places compared to $1,566 in other markets.
The state's priciest rental communities are primarily known for high-paying technology jobs, with Newport Beach having the highest rent at $3,242 per month.

Homeownership suffers in California, US as prices outstrip incomes

Increasing homeownership remains a challenge due to unaffordable housing, with California's rate at a 13-year high in 2023.

Where are California's rent bargains? They're not cheap

California rents are more expensive than the national average, with a median rent of $1,854 per month in the state's 10 cheapest places compared to $1,566 in other markets.
The state's priciest rental communities are primarily known for high-paying technology jobs, with Newport Beach having the highest rent at $3,242 per month.
moreaffordability

Home insurance at $10,000 a year shows California buyers' pain

Challenges in securing and affording home insurance exacerbate California's already difficult housing market.
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