Plus, California is a costly place to live, except when it comes to property taxes, at least compared to many other states. The nation’s leading mortgage lenders. And homes are selling at a record sprint.
Plus, Danville may be the safest city in the state, but Orange County has six of the top 10. Here is why a housing bubble is unlikely, for now. And Fannie and Freddie will be less friendly for buyers of second and vacation homes.
Plus, a $15,000 down payment assistance program would help some renters become homeowners, homeownership rates slip in some cities and improve in others, home equity tops $54,000, and the happiest cities in the state.
Plus, most Californians moving are relocating within the state, single-women buyers are increasing in some cities, and the state has six of the hottest housing markets in the U.S.
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.