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 […]
Living in California Just Got Pricier: Here’s Why
California is among the states where the cost of living is climbing faster than elsewhere in the US. Housing prices have skyrocketed, with median home values over $788K. Grocery bills and rent in major cities continue to rise, adding financial pressure on residents. Everyday essentials now come with a little extra sticker shock. It’s becoming […]
California 2025: Statewide Shortage Caps Price Declines
Underbuilding persists—shortage of 3–4M housing units since 2018. Coastal markets remain inflated; only ~16% of Californians can afford median home
California Home Sales Are Set to Rise 10 % in 2025
California home prices forecast to hit $909K in 2025, rising 4.6% year-over-year.Projected home sales to surge 10.5% in 2025, reaching 304,400 statewide.
Steps to Take Between Mortgage Closing and Moving Day
After closing on your mortgage, follow this checklist to prepare for moving into your new home. Change your address with the Post Office and update utilities. Review your inspection report for necessary repairs and create a maintenance schedule. Deep clean your new home, including less obvious areas. Change locks and reset security codes for safety. […]
What’s California’s Post-Tariff Homebuilding Cost?
California homebuilding costs rose by $68,200 after tariffs. Golden State builders pay more for lumber and steel.
California Housing Market: Forecast and Trends 2025-2026
California's housing market in 2025 shows rising home prices with a median of $910,160, up 0.7% year-over-year, while sales are slightly down. Inventory is increasing, leading to a more balanced market where sellers still hold an edge but buyers have more options. Mortgage rates remain high around 6.7%, impacting affordability. Forecasts predict a 10.5% sales […]
Some Studies Challenge Long-Held Views on Rent Control
Rising rents in California have sparked renewed debate on rent control, with new research from USC, UCLA, UC Berkeley, and others showing moderate rent stabilization helps protect vulnerable tenants without significantly reducing housing supply. Studies reveal rent control reduces displacement and improves stability, while recent lawsuits expose landlord collusion inflating rents. Experts argue a combined […]
Southern California Housing Market: Prices and Forecast 2025
In May 2025, Southern California's housing market showed a slight cooling with home sales down 7.6% year-over-year and median prices rising 0.9% to $888,000. Inventory increased, signaling a shift toward a more balanced market, though still favoring sellers. High mortgage rates around 6.77% are limiting affordability. Price growth is expected to slow, with steady demand […]
