HOME PRICES
$815,340, down 7.8% vs. a year ago
HOME SALES
Down 36.1% from a year ago
MORTGAGE RATES
6.79% vs. 5.09% a year ago
LATEST CHN BLOG
Security deposits could be cut in half. Good for renters, grief for landlords and property owners
State lawmakers approve the latest step of legislation that will help renters but could hurt landlords and property owners. Also, check how much homebuyers spent on housing compared to renters in March, and mortgage activity plummets.
State Farm and Allstate stop writing new homeowners insurance policies in California because of wildfires
Climate change has created a challenge for insurance companies, as more wildfires has led more insurance companies to leave California.
California adds 123,000 homes, the best since the Great Recession
California has enjoyed a mini-boom in new-home construction despite more people leaving the state. Also, home prices are dipping lower with higher mortgage rates, Redfin and Zillow enter the ChatGPT world and home equity drops slightly.
Dreaming of buying and flipping homes? Think again
You’ve seen the HGTV and DIY shows where folks buy, renovate and resell a house — and enjoy a head-turning profit. But lately, the home flipping craze has been more about headaches and, for some flippers, a financial loss.
Sign-up for our newsletter!
Follow us
Get the latest housing news, follow @CalHomeNews on Twitter
Trending
Contact:
CalHomeNews
5702 Lonetree Blvd.
Suite #1
Rocklin, CA 95765
