#california-real-estate

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#luxury-homes

Across California, 2024 was the year of the record-breaking home price

California real estate saw record-breaking home sales and new urban development trends in 2023.
Malibu's home sales reached unprecedented prices, signaling a shift in luxury real estate.

Hollywood funnyman Jim Carrey earns serious money for Calif. home sale

Jim Carrey sold his Brentwood home for $19.8 million after two years on the market, considerably below asking price but notable for its luxury features.

Across California, 2024 was the year of the record-breaking home price

California real estate saw record-breaking home sales and new urban development trends in 2023.
Malibu's home sales reached unprecedented prices, signaling a shift in luxury real estate.

Hollywood funnyman Jim Carrey earns serious money for Calif. home sale

Jim Carrey sold his Brentwood home for $19.8 million after two years on the market, considerably below asking price but notable for its luxury features.
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#mortgage-rates

Are cheaper mortgages bad news for California's housing market?

Lower mortgage rates in California led to a potential end of a homebuying slump but may result in increased home prices and economic trouble.

California home prices hit another record high. Here's where to find houses as low as $230K

The median home sales price in California has reached a new high of $908,040, with a 0.4% increase from the previous record.

California housing to see stronger sales, rising prices in 2025, Realtors forecast

California's real estate market may see a 10% increase in sales next year, though prices will likely continue to rise amid a competitive housing shortage.

Can Fed fix the California housing market it crashed?

Federal Reserve's rate cuts may not revive California's housing market.
Homebuying activity remains depressed despite recent interest rate changes.

California housing to see stronger sales, rising prices in 2025, Realtors forecast

California's real estate market is forecasted to see a 10% increase in house sales in 2025, but remains historically low.

The Peninsula may be more affordable now than at the start of 2024 - San Jose Spotlight

Midpeninsula home affordability has improved in late 2024, with more households able to purchase homes due to income increases and reduced mortgage rates.

Are cheaper mortgages bad news for California's housing market?

Lower mortgage rates in California led to a potential end of a homebuying slump but may result in increased home prices and economic trouble.

California home prices hit another record high. Here's where to find houses as low as $230K

The median home sales price in California has reached a new high of $908,040, with a 0.4% increase from the previous record.

California housing to see stronger sales, rising prices in 2025, Realtors forecast

California's real estate market may see a 10% increase in sales next year, though prices will likely continue to rise amid a competitive housing shortage.

Can Fed fix the California housing market it crashed?

Federal Reserve's rate cuts may not revive California's housing market.
Homebuying activity remains depressed despite recent interest rate changes.

California housing to see stronger sales, rising prices in 2025, Realtors forecast

California's real estate market is forecasted to see a 10% increase in house sales in 2025, but remains historically low.

The Peninsula may be more affordable now than at the start of 2024 - San Jose Spotlight

Midpeninsula home affordability has improved in late 2024, with more households able to purchase homes due to income increases and reduced mortgage rates.
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#regional-disparities

In this Calif. metro, less than 2% of homes are affordable for median earners

Housing affordability in California remains dire, with only 16% of households able to afford the median home price of $880,250.

Here are California's spookiest homebuying extremes

California home prices are rising, but with significant regional disparities and market extremes.

In this Calif. metro, less than 2% of homes are affordable for median earners

Housing affordability in California remains dire, with only 16% of households able to afford the median home price of $880,250.

Here are California's spookiest homebuying extremes

California home prices are rising, but with significant regional disparities and market extremes.
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#housing-market-trends

Trump tax cut made it harder for Californians to afford homes. Will Congress change it?

The 2017 tax law changes are impacting California home sales by limiting mortgage interest deductions, making homeownership less accessible.

This Calif. area's housing prices have jumped more than 40% since 2019

California's housing market remains unpredictable, with record high median home prices amid high interest rates and a slowing economy.

Trump tax cut made it harder for Californians to afford homes. Will Congress change it?

The 2017 tax law changes are impacting California home sales by limiting mortgage interest deductions, making homeownership less accessible.

This Calif. area's housing prices have jumped more than 40% since 2019

California's housing market remains unpredictable, with record high median home prices amid high interest rates and a slowing economy.
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#home-buying

Home Insurance Kills the Deal for Some California Buyers

California's insurance crisis is hindering home purchases, with many buyers unable to secure coverage, forcing them to abandon their property searches.

Do you have to tell a homebuyer if your house is haunted? Here's what California law says

California law requires sellers to disclose deaths occurring within three years but has no specific guidelines about haunted properties.

How much do you need to make to buy a home in California? See the most affordable counties

Individuals need $100,438 yearly on average to buy a house in California.

Home Insurance Kills the Deal for Some California Buyers

California's insurance crisis is hindering home purchases, with many buyers unable to secure coverage, forcing them to abandon their property searches.

Do you have to tell a homebuyer if your house is haunted? Here's what California law says

California law requires sellers to disclose deaths occurring within three years but has no specific guidelines about haunted properties.

How much do you need to make to buy a home in California? See the most affordable counties

Individuals need $100,438 yearly on average to buy a house in California.
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My nightmare tenant turned my home into a 'megamansion party house' - don't let it happen to you

A California homeowner faced severe issues with disruptive tenants, resulting in almost $100,000 in damages and a decision to never rent again.
#housing-market

Can Fed fix the California housing market it crashed?

The Federal Reserve is reducing interest rates but it may not guarantee a rush in California home purchases.
Home sales have hit record lows, deeper than previous crises, due to high mortgage rates and home prices.

For the first time, median price for a home in California surpasses $900,000

California median home price exceeds $900,000, potentially reaching $1 million next year.

Multifamily Development in California Falls to 10-Year Low

Plans for multifamily apartments in California at a 10-year low, impacting rent relief hopes.

Can Fed fix the California housing market it crashed?

The Federal Reserve is reducing interest rates but it may not guarantee a rush in California home purchases.
Home sales have hit record lows, deeper than previous crises, due to high mortgage rates and home prices.

For the first time, median price for a home in California surpasses $900,000

California median home price exceeds $900,000, potentially reaching $1 million next year.

Multifamily Development in California Falls to 10-Year Low

Plans for multifamily apartments in California at a 10-year low, impacting rent relief hopes.
morehousing-market

SCS Development drops $87M on Monrovia apartments

A housing developer from the San Francisco Bay Area purchased a Monrovia apartment complex for $87.3 million, marking a significant investment in L.A. County's real estate market.
#home-prices

$205,000 for a house in California? See where to find cheapest and most expensive prices

California's median home price hits record high at $904,210 in April 2023.

Cheapest counties to buy a house in California? See where to find prices as low as $268,000

California's median home prices dropped slightly to $900,720, a 0.8% decrease from May, with affordability potentially improving in the future.

$205,000 for a house in California? See where to find cheapest and most expensive prices

California's median home price hits record high at $904,210 in April 2023.

Cheapest counties to buy a house in California? See where to find prices as low as $268,000

California's median home prices dropped slightly to $900,720, a 0.8% decrease from May, with affordability potentially improving in the future.
morehome-prices

Cypress Equity Eyes 288 Apartments in Santa Monica

Cypress Equity Investments is planning to replace a former Honda dealership with a 288-unit apartment complex in Santa Monica.

Bay Area real estate agents face uncertainty amid looming changes

The real estate industry is facing a significant shift due to lawsuits alleging price fixing by real estate companies.
The National Association of Realtors agreed to a $418 million settlement regarding the standard practice of offering commissions to buyer's agents, affecting the buying and selling process.

FTC to Return Money to Opendoor's California Customers

Homeowners who sold to Opendoor Labs could receive refunds due to deceptive marketing tactics.
FTC settlement with Opendoor includes compensation for sellers and restrictions on deceptive claims.

Land and Houses Buys Manhattan Beach Residence Inn for $68M

Land and Houses USA purchased a Marriott-branded hotel in Manhattan Beach for $68 million, managed by Twenty Four Seven Hotels.
Hotel sales in California have decreased significantly, with a 56% drop in sales volume, and 1% decrease in median price per room.

Want to buy a home in California? Here's how much you need to earn per year, Zillow says

Homeownership affordability in the U.S. has significantly increased since 2020, making it harder for potential buyers to purchase homes.
Average monthly mortgage payments for single-family homes have almost doubled in the U.S. since January 2020.

Office-Home Projects Dominate Adaptive Reuse in California

Commercial spaces in California are being converted into residential units due to the increasing demand for housing and changes in workspaces post-pandemic.

Condemned San Jose home sells after multiple offers - San Jose Spotlight

Land value is driving California's real estate market, with investors eyeing properties like condemned homes for their potential redevelopment.

Where are the best places to buy a house in California? New report reveals top cities

Best places to buy a home in California according to Niche's 2024 list include Ridgecrest, Pacheco, and Johnstonville.

California homeownership costs jump 32% since pandemic began

The cost of owning a home in the US has increased significantly, with California experiencing a 32% surge since 2020.
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