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Your first tuesday real estate news
Week of June 3, 2019

Rent-to-income gap widens for California renters
Nearly half of the nation's cost-burdened renters are in California.

New bill encourages some first-time homebuyers with tax credit
AB 1590 would offer a $5,000 tax credit to qualified first-time homebuyers.

Los Angeles housing indicators
Total sales volume in the first quarter of 2019 was 15% below a year earlier.