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Monday, November 28, 2022

Economic Week to be Focused on the Rapidly Slumping Housing Market

A year ago, the housing market was on a roll. Sales of existing homes rose 7% in September from the prior month, reaching an annual pace of 6.29 million.

Average long-term US mortgage rates rise this week to 6.94%

Average long-term U.S. mortgage rates inched up this week ahead of another expected rate increase by the Federal Reserve when it meets early next month.

Stimulus money available to California homeowners and renters

Are you struggling with the high cost of housing in California? Know you're not alone. Here's some good news. Did you know that stimulus money is still available to homeowners and renters in California?

Gimme Shelter: How California’s new parking law could lower housing costs

A new state law unravels decades of parking rules in California cities. On this episode of “Gimme Shelter: The California Housing Crisis Podcast” CalMatters’ Manuela Tobias and The Los Angeles’ Times’ Liam Dillon explain how that could trim housing costs.

Cities with the fastest growing home prices in Riverside metro area

Cities with the fastest growing home prices in Riverside metro area. It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

Homes without garages are cheaper, a new California law will mean...

California will prohibit minimum parking requirements for new housing development and commercial projects near public transit under a new law signed by Gov. Gavin Newsom, a measure supporters say will reduce the cost of crucial housing production.

The state agency enforcing housing rules doesn’t care about affordable housing

This is how bad California’s housing policy has become: An affordable housing group in San Francisco is asking the state to please, please work with local folks on affordability issues—because otherwise there’s no possible way this city can meet its state-mandated goals.

Rents are starting to come down, but the trend may not...

Rents are starting to come down after spiking to record levels this past summer, but experts are uncertain if the slowdown will continue.

12 Terms You Need to Know When Shopping for a Home

It’s an exciting time when you start the process of buying or building a new home, but all the unfamiliar lingo can leave you feeling overwhelmed. Fear not! We’ve rounded up a list of 12 terms you should know to help you feel confident along your journey.

Military families’ housing benefits lag as rents explode

When Kristin Martin found out her husband was being transferred to Naval Base San Diego, securing housing for their family of five quickly took over her life.