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.
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 had five of the top 20-selling master-planned communities in the U.S. Also, the state adds some cities to the million-dollar list, but a few fall off. What makes more sense, buying or renting?