Category: Uncategorized

The California housing market forecast for 2025-2026 indicates mixed trends, with some areas expected to see price increases while others may experience slight declines. Increased sales and lower interest rates are anticipated to drive growth, but affordability remains a significant challenge, with only about 16% of households able to afford a median-priced home. The market…

California's new law, effective January 1, extends the time tenants have to respond to eviction notices from five to ten days. This change aims to provide renters with more time to seek legal assistance and prepare their defenses, potentially reducing the number of tenants who lose cases by default. While access to legal services varies…

The Orange County housing market in late 2024 shows rising median sale prices and increased home sales, with attached homes up 9.5% and detached homes up 33.3% year-over-year. Despite a slight 0.7% decrease in attached home prices, detached homes have risen by 5.9%. Inventory remains low at 2.4 months, indicating a seller's market. Homes are…

California property owners are not legally required to carry insurance, but most do for protection against wildfires and other risks. Insurers, facing increasing wildfire threats, are now required to use computer modeling to set premiums and expand coverage in high-risk areas. While some support these changes, Consumer Watchdog criticizes the lack of transparency in rate-setting.…

The real estate market remains competitive post-pandemic, with home values in the U.S. averaging $358,761, a 2.3% increase from the previous year. While rising mortgage rates have slowed growth and caused price declines in some areas, others continue to see significant increases. In the Los Angeles-Long Beach-Anaheim metro area, various cities report substantial year-over-year price…