While saving for a down payment continues to be one of the most challenging barriers to homeownership for many, Freddie Mac’s latest multipronged action removes industry-wide barriers to down payment assistance (DPA) programs, helping provide mortgage loans and financial assistance to lower-income homebuyers across the nation.
Read More »California to Texas Migration Route Becomes Even More Popular
According to a new study from StorageCafe, California to Texas is the most popular interstate relocation route in the U.S. Roughly 111,000 people took that route in 2021, with an estimated 46% of people who migrated being millennials.
Read More »New Wildfire Risk Assessment Announced for California Property Owners
According to a new CoreLogic report, California remains the state most at risk for property damage from wildfires, with CoreLogic’s 2022 Wildfire Risk Report estimating that more than 1.2 million single-family homes are vulnerable.
Read More »Housing Market Gains $6.9 Trillion in 2021
The housing market hit $40 trillion for the first time in June, but strong demand met by record low inventory helped it sail past that mark to end the year at $43.4 trillion.
Read More »New California Bill Described as ‘Density Vitamin’
While Scott Wiener’s SB 50 failed three straight years, his new SB 902 hopes to increase density within the state but keeps a controversial proposal included in his prior legislation.
Read More »Legislation Aimed to Alleviate California’s Affordability Woes Introduced
Read more on a state assemblywoman’s plan to increase the number of incentives given to housing developers.
Read More »Is California Built-Out?
A new study looks at how the affordability crisis began in the state and the barriers standing in its way.
Read More »California’s Housing Reform Bill Fails in the Senate
Click through to see how close SB 50—designed to increase housing density—was to making its way to the State Assembly.
Read More »The Side-Effects of Housing Density
A report by the University of California-Berkeley found there is a negative correlation in Los Angeles between the number of workers and the availability of affordable housing.
Read More »The Far-Reaching Implications of California’s Affordability Crisis
Analysis says more than 60% of millennials are looking to leave the Golden State, and the housing market won’t be the only section impacted if they do.
Read More »