#building-permits

[ follow ]
california
New York Post
1 month ago
NYC real estate

California's housing slump spells trouble as the state is set to get even more pricey

California's home construction slowdown could lead to further spikes in housing prices due to limited supply.
Developers in California face challenges from rising costs, strict regulations, and high borrowing expenses. [ more ]
therealdeal.com
2 months ago
LA real estate

Homebuilding Drops in California, but Falls Faster in U.S.

California had a 6% decrease in homebuilding permits in 2022, with 111,221 permits filed, while the US saw an 11% decline in permits filed.
Single-family home permits in California decreased by 8% in 2022, while multifamily permits decreased by 3%, with the Inland Empire showing an 89% increase in multifamily permits. [ more ]
www.ocregister.com
3 months ago
California

California's 7-year housing push has yet to boost building, experts say

California has a 2.5 million home shortfall despite the passage of over 140 housing bills.
The state needs to build 180,000 to 300,000 homes a year, but current permits only reach around 120,000. [ more ]
morecalifornia
therealdeal.com
3 months ago
LA real estate

Beverly Hills' Building Halt May Tap the Brakes on Deals

The City of Beverly Hills has been ordered to stop issuing building permits for anything but new residential developments, affecting kitchen upgrades and swimming pools.
The court order could impact the housing market, with existing remodeled homes potentially in higher demand and houses needing work possibly facing a decrease in value. [ more ]
www.mercurynews.com
6 days ago
California

Elias: California's housing problems not fixed by allowing more density

Density as a solution to California's housing problem is not working out well due to a decrease in building permits despite legislative efforts. [ more ]
[ Load more ]