Rents soar, mortgage rates remain low and the buy vs. rent decision gets complicated
Plus, the Best Places to Live winners in California, home-flipping profits slide, Stockton gets ‘overvalued’ label, and the state issues $1.75 billion more for affordable housing.
5 of the most affordable housing markets for teachers are in California
Plus, an LA mega-mansion seeking $500 million enters receivership with a mountain of debt, some rents rebound from the pandemic, and San Diego home prices surge.
Worried about wildfires? Check the risk
Plus, Fannie Mae will consider rent payments as part of the application process for first-time buyers, affordability plummets to 14-year low, and half of homeowners in Golden State are equity rich.
Home-seller profits slip in second quarter
Plus, real estate investors are buying more homes and competing with everyday folks for properties, foreign homebuyers have declined with the pandemic, and the governor appoints a new CalHFA executive director.
Carbon-neutral community in the works in Valencia
Plus, high-end homebuyers are outpacing the rest of us, home equity soars in the first quarter, excess state land becomes affordable housing, and LGBTQ home buying and ownership practices.
Big-city folks keep looking at more affordable suburbs
Sacramento is one of the hottest-housing markets in the nation. Plus, higher home prices help homeowner equity, and apartment and home rents increase, and should you buy or rent in California?