Steve Spiro’s Blog

A California lawmaker is proposing a bill to expand eligibility for a state home loan program to include undocumented residents. The program aims to address wealth disparities and has made changes to ensure equitable distribution of funds. Undocumented individuals can use ITINs to buy homes, but face higher costs. Continue to full article

California's housing shortage is a long-term problem, but 2024 marks a turning point with new laws aimed at boosting construction. Barriers are removed and incentives are increased for housing development.

Prices sizzle: – California homes ↑ 11% since 2020, median currently at ~$797K. Sellers celebrate: – Single-family home sales hold strong, expected to ↓ 5.2% through 2024.

Learn how to choose a trusted California mortgage broker with the Ultimate Guide. Continue to full article

Los Angeles: Multicultural environment, diverse cuisine, vibrant arts, outdoor lifestyle, and unique neighborhoods.San Diego: Year-round sunny weather, excellent surfing opportunities, urban lifestyle benefits, and diverse culinary scene.

Realtor.com analyzes markets for 2024 sales growth predictions. -Oxnard-Thousand Oaks-Ventura is ranked 2nd -San Diego-Chula Vista-Carlsbad is ranked 4th

International Women's Day, also known as IWD for short, grew out of the labour movement to become a recognized annual event by the UN.It all started in 1908 when 15K women marched through NYC demanding shorter working hours, better pay and the right to vote. Things were made official in 1975 when the United Nations…

Recent legislation promises relief, focusing on faster apartment approvals for lower-income residents and affordable housing.Legislative changes grant: -Planning approvals -Increased flexibility in zoning -Relief from environmental reviews

The Southern California housing market faces affordability and availability issues, despite a potential drop in interest rates and positive consumer sentiment, according to a report from the California Association of Realtors. High prices and mortgage rates contribute to low affordability. Home prices are set to rise in 2024, but affordability may improve slightly if rates…

CalHFA offers low-interest loans with up to 3% assistance for first-time homebuyers. Programs like CalPLUS Conventional combine mortgage loans with zero-interest down payment assistance.