In December, the median home price in Southern California surpassed the housing bubble-era highs, which is a milestone that took more than a decade to achieve. According to real estate data firm CoreLogic, the six-county region’s median price surged 8.2 percent from a year earlier to $507,500, which is once again raising concerns that housing […]

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 […]

This year will mark the first time that not one of the flower-covered floats set to appear at the Rose Parade on New Year’s Day was constructed in Pasadena. Thanks to high real estate prices, the giant warehouses where the colorful floats are built have moved to different cities. The float-building tradition in Pasadena began […]

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 […]

In July, the real estate firm Yardi Matrix analyzed trends across California, and found rents are rising faster in Sacramento and the Central Valley than any other part of the state. Rents in San Francisco and Silicon Valley are continuing to soar as well, and data suggests rising costs in major metropolitan areas are driving […]

According to a report released last month by the real estate website Zillow, Generation X house buyers are trailing behind other generations in gaining home equity and younger millennials are catching up to them. The report, which is released biannually, tracks the home equity of more than 50 million people. The report revealed that Generation […]

According to the Los Angeles County’s Assessor’s Office, the assessed value of all taxable property in the county jumped by 6.03 percent in 2017, which was slightly higher than last year. The construction and real estate market boom means that property taxes will rise again in L.A. County.  The net value of the county’s 2.4 […]

A report by the Real Estate Research Council released today claims that homebuilding was down across Southern California in the first three months of this year. However, San Diego County was down the most compared to the same time period last year. Residential building permits were down 37 percent in San Diego County and multifamily […]

A couple of months ago, Los Angeles Mayor Eric Garcetti unveiled his 2017-2018 fiscal year budget and he had promised to set aside $138 million to deal with homelessness. Since then, the city has only spent about $65 million on things such as services and programs for homeless people, which include housing, shelter beds and […]

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 […]