Buy or rent in California? New report helps you make that decision
Near-record-low mortgage rates are making buying a better choice in some areas of the state. Also, luxury home sales soar, bow to the best-selling master-planned community in the state, and apartment rents slide, again.
California boasts some of the hottest housing markets
Also, home-flipping activity slows, rents continue to slide in major cities, wildfires spark insurance rate increases, Paradise home values plummet and equity soars.
Higher lending limits for Fannie and Freddie mortgages
Also, millions of California homeowners could save hundreds of dollars every month by refinancing their loan, mortgage applications soar, buying the California dream is more like a nightmare for first-time buyers, and big-city blues for landlords but bargains for renters.
California leavin’: More residents head to Texas, Arizona and …
Folks are abandoning the state for a number of reasons, but the moving vans leaving slowed in 2019.
As more work from home, demand for resort towns soar
More choose to live and work from the beach or mountains. Also, big-city rents continue to drop at a record pace and more homeowners are equity rich.
Wildfires pose risk to more than 550,000 homes in state
Los Angeles is the city most at risk from wildfires in California — and nationwide. Also, Bay Area rents plummet while inland markets soar, two of the three most expensive ZIP codes are in California, buyers want backyards not condos and a new law bans buying a block of homes at auction.