First-time buyers snatch up more homes in California
Plus, bidding wars and increasing competition for homes is the new norm in many markets in California. And the Biden administration extends a ban on foreclosures for federally backed mortgages until June 30.
Did your city join the $1 million-plus club in California?
Plus, California’s largest housing association takes aim at Coronado for blocking granny flats, high-end home prices are skyrocketing, and the number of equity-rich homeowners soars.
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.