Category: Uncategorized
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Which 3 Cities Are at Climate-Linked Home Construction Risk?
1.California grapples with the risk of wildfires and housing development in high-threat zones. 2.Arizona faces water scarcity and growth demands, forcing decisions on where to build homes. 3. New Jersey, densely populated and flood-prone, has shown success in limiting construction in high-risk areas for flood protection.
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New Listing: 585 Pine Dr Bvr Lookout, CA 96054
40K price reduction! Introducing a unique property nestled in the serene landscapes of Lookout, CA. Spread across nearly 2acres of fenced land, this property is a haven for those who cherish nature and tranquility. Two spacious sheds offer ample storage and workspace with subpanels for power from the main 200A service panel, Did I mention…
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It’s ‘extremely likely’ we’ve seen mortgage rates peak, Capital Economics says, and mortgage demand is starting to recover
It's 'extremely likely' we've seen mortgage rates peak, Capital Economics says, and mortgage demand is starting to … Continue to full article
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Could ADUs Tackle California’s Rising Home Prices?
Accessory Dwelling Units (ADUs) offer a solution to housing affordability challenges. Recent policies like California's AB 1033 bill streamline ADU installation and condo conversion. ADUs offer income potential, appealing to Real Estate investors, especially during economic uncertainty.
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The Rise of ADUs: A Hidden Value in Residential Backyards
California's new law, AB 1033, allows the sale of accessory dwelling units separately from primary residences. This law aims to address California's housing crisis by expanding housing opportunities within existing residential properties.
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California Dominates List of Priciest Zip Codes
California dominates the list of the 100 most expensive U.S. zip codes .Atherton, CA, tops the list with a median home price of $7.95M.Beverly Hills, CA (90210), secures the second spot at $6.29M.
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Southern California has 24 of nation’s priciest places to rent
Southern California has some of the most expensive ZIP codes for renters and homeowners. The average rent for a two-bedroom unit is $5,581, requiring a salary of $201,000. The costliest ZIP code is Montecito's 93108, with a rent of $10,000 for a two-bedroom unit. The high prices are leading to concerns about a potential California…
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What is the Best Month to Sell a House in Southern California?
The best time to sell a house in Southern California depends on various factors such as location, market conditions, and weather. Generally, the real estate market is slower in winter and picks up in spring. In warmer areas like San Diego and Los Angeles, winter may be a good time to sell due to less…
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California’s Pricing and Market Conditions in Late-Q3 2023
The statewide median home price in September was $843,340, ↓ 1.9% MoM but ↑ 3.2% yearly. Housing supply remains tight, with unsold inventory limited to 2.8-mo. Active listings have declined for six consecutive months.
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California Living: Worth the Price?
Moving to California has many benefits, but is it worth it? Consider the cost of living. California's avg home value is $744,280, significantly higher than the national median. High housing costs hinder homeownership, making it attainable for just 16% of Californians.