It’s beginning to sounds like a common thing in California that many people are complaining about, housing is too expensive. Many people have moved within California from one city to another in the hopes of seeking lower housing prices and some people have even fled the state to neighboring states such as Nevada. However, the […]

It appears that there are several people throughout the state that are working while homeless. A 2017 survey of the homeless population in San Francisco found that 13 percent of the 7,499 homeless people reported having part or full-time employment. In San Diego this year, an estimated 10 percent of the 4,990 people living in […]

Apparently, Silicon Valley is experiencing a new shortage of high-end homes that is finally affecting wealthy homebuyers. According to real estate website Trulia, there were 42 percent fewer premium homes available in San Jose in December than during the same time last year. This is causing experts to believe that the disappearance of those high-end […]

According to a study conducted by the real estate firm Zillow, a five percent rent hike in Los Angeles County would push 2,000 more residents into homelessness. The study of the effect of rising housing costs was conducted using census figures and homeless counts for the 25 largest U.S. metropolitan areas. Research has shown that […]

A report released in August from the California Association of Realtors (CAR) shows that 29 percent of Los Angeles. County households could afford to buy the county’s median-priced home of $485,800 during the first quarter of 2017. Additional CAR figures show that a minimum annual income of $99,830 was needed to make monthly payments of […]

Housing is expensive for everyone in the Bay Area, but it’s especially challenging for middle-income buyers. Most new housing supply is at the high or low end and the gap in between is being called “the missing middle.” According to data from the Association of Bay Area Governments, between 2007 and 2015 in the nine […]

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 […]

The State Legislature apparently doesn’t feel the pain of the people. In what can only be described as a tone-deaf expenditure, Assembly Speaker Rendon (D-Paramount) recently authorized $160,000 in new carpet, fresh paint, drywall and other renovations for the Democratic Office of Communications and Outreach. While that may seem like peanuts a state with a […]

Sacramento area state elected official, Assemblyman Jim Cooper, seems to be one of the few in the Capitol who grasps the fact that Californians are bleeding to death by a thousand cuts – a tax here, a fee here and some more taxes and fees.  When you add all of it together, it becomes real […]

There is some good news and bad news for first time home buyers in the Bay Area. The good news is that there are more starter homes coming to market across the region. The second quarter saw increases in starter homes by 10.9 percent in Oakland, 24.1 percent in San Jose and 26.1 percent in […]