The California Energy Commission unanimously voted yesterday to require that new homes in the state have solar panels on their roofs. The mandate takes effect in 2020 and it will officially make California the first state in the nation to require new homes to have solar panels on their roofs. Under the mandate, builders who […]

Beginning January 1, 2018, construction workers will be paid higher wages and benefits after a decades-long battle with California’s building industry. Five of 15 housing bills signed into law by Governor Jerry Brown this year include prevailing wage rules for employers and contractors to pay laborers higher wages and benefits for new construction projects. The […]

According to a report released this year by the National Association of Realtors (NAR) and American Student Assistance, crushing student debt is further driving down homeownership in cities such as Los Angeles that are already facing high costs and low inventory. The report shows that the typical student debt load is around $41,000, which is […]

According to a California Association of Realtors report released in July, Bay Area single-family home prices rose 7.9 percent in June from a year earlier, outpacing the 7.0 percent statewide price increase, and Bay Area home prices remain far more expensive than statewide home prices. The Bay Area’s median price of $908,740 for single-family homes […]

According to the 2017 Prosperity Now Scorecard, over 37 percent of California households have so little cash saved that they couldn’t live at the poverty level for even three months if they lost a job or suffered another significant loss of income. The report was compiled by Prosperity Now, a Washington, D.C. based organization seeking […]

According to a report released in July by the California Association of Realtors, sales of existing homes in California hit their highest pace in almost four years in June, despite extremely low inventories. The state’s median home price rose 0.9 percent to $555,150 from the previous month, and it was up 7 percent from $518,830 […]

According to a survey from ApartmentList.com, a website that lists apartments for rent, millennials that live in many of the nation’s large metropolitan areas will need almost a decade to save enough money to pay a 20 percent down payment on a condominium. A growing number of millennials are delaying buying a home until later […]