These Cities Are Narrowing Their Home Supply-Demand Gap
Nearly 90% of major U.S. metros have narrowed the housing supply-demand gap by issuing more single-family building permits. Boulder, Colorado, showed the most progress with an 89% decrease in its housing shortage index. About 45% of markets now have a balanced index, up from 20% last year. However, Urban Honolulu still faces the largest deficit, […]
California Reform Could Fast-Track More Apartments!
California cuts red tape to speed downtown housing approvals. Scaled-back CEQA law once stalled or blocked housing projects.
CALED releases CEQA exemption briefing for economic development
California has introduced CEQA exemptions and reforms to speed up housing and infrastructure projects, including streamlined processes for urban infill, affordable housing, rezoning, and various public works. New guidelines and mapping for infill sites are mandated, and some agency communications are now exempt from CEQA records. Continue to full article
California 2025: Crisis-Calibrated Correction
Most metros expected to soften (~1–2%) following inventory easing. Coastal and high-cost urban segments under sharper pressure
California: Among the Least Generous States for Renters
California has an avg rent of $2,555 /mo. The avg apartment size is 852 sq ft. Rent per sq ft comes to about $2.99. California is one of the most expensive states for renters. Renters face some of the highest rents in the country for moderate space.
State Budget Bill Includes Landmark CEQA and Housing Law Changes
California enacted AB 130 and SB 131 to accelerate housing production and reform CEQA. AB 130 introduces a new CEQA exemption for infill housing up to 20 acres, streamlines approvals, freezes building codes, and allows fee-based VMT mitigation. SB 131 adds CEQA exemptions for various projects and streamlines review for near-exempt housing projects. Both laws […]
Will California’s Housing Market Rebound by End of 2025
California home sales are forecast to ↑ 10.5% in 2025, reaching 304K single-family units. The median home price is projected to ↑ 4.6% to $909K by the end of 2025.
Why Millennials Choose Orange County in 2025
Millennials choose OC for beach life without LA’s constant rush. Jobs in tech and healthcare meet waves, trails, and tacos.
California Poised to Pass Groundbreaking CEQA Exemption for Infill Housing
California is set to enact Assembly Bill 609, exempting certain infill housing projects from CEQA review to speed up urban housing development while maintaining environmental protections. The law targets code-compliant projects in developed areas, aiming to reduce costly delays and litigation that have hindered housing supply. It includes fair labor wage provisions and aligns with […]
Home Prices Rise Slightly in LA Metro Area
Home prices in Los Angeles and Orange County rose slightly in May, despite a 5.1% statewide drop in home sales, marking the lowest sales level in four months. The median California home price fell 1.1% from April but stayed above $900,000. Factors like high interest rates and economic uncertainty contributed to price declines. Increased inventory […]
