How Expensive Is Living in California?
California households pay the highest median monthly bills in the U.S. at $2,854. Monthly mortgage in California averages $2,657, far above the national $1,775 median. Rent averages $2,028 per month, making it one of the most expensive rental markets. Californians pay $125 monthly for electricity and $116 for cable and internet. Overall, California's household bills […]
Will California Home Prices Stabilize by End-2025?
California’s home sales dropped below Great Recession levels, marking a prolonged slowdown since mid-2023. Experts predict flat or falling prices by year-end unless inventory grows far beyond current levels
Southern California Rent Growth Outpaces National Average in May
Southern California rents surged 5.1%, outpacing the national 3.8% rise, driven largely by the Los Angeles wildfires that destroyed over 12,000 structures and reduced housing supply. Additional factors include low housing stock and a 4.4% local wage increase. This sharp rent inflation worsens affordability and highlights the need for long-term housing resilience in climate-vulnerable areas. […]
Refinancing Strategies for Lowering Your Monthly Mortgage Payments in the California Housing Market
In California's competitive housing market, homeowners can lower monthly mortgage payments through various refinancing strategies. Options include rate and term refinancing to secure lower interest rates, cash-out refinancing to access home equity for other expenses, and adjustable-rate mortgages (ARMs) for reduced initial payments. Additionally, government-sponsored refinancing programs like HARP and FHA Streamline can help borrowers […]
4% of Orange County Offices Are Becoming Housing Units
4.2M sq. ft. undergoing conversion or demo. 4% of total office supply affected.
Are You Ready for a Property Inspection?
Hire an inspector and review the report to catch any costly issues before buying. Be cautious about waiving inspections in competitive situations — consider a home warranty instead.
How California’s Disclosure Law Can Benefit Your Business
California’s SB 1235 mandates clearer disclosures for commercial financing. SB 1235 requires transparency in financing terms, including APR, payment schedules, and fees for small businesses.
Home Prices Rise Slightly in LA Metro and Orange County
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 California median home price fell 1.1% to $900,170 but stayed above $900,000. Increased inventory and leveling prices offer good opportunities for buyers. Economic improvements could boost […]
Happy Fourth of July
To all great Americans around the world, a very Happy Fourth of July to you all. This day is incredibly significant as the day the United States officially became its own nation. Let’s celebrate America’s birthday with festivals, parades, fireworks and other festive activities.The 4th of July marks the day America became a country where […]
California Housing: Steady Rise Ahead
California home prices and sales are projected to rise steadily through 2025, driven by demand. Limited inventory and high mortgage rates create affordability challenges despite improving market conditions.
