Author: Greg Huitrado

An interview with Real Estate Commissioner Wayne Bell

first tuesday recently had the opportunity to interview Wayne Bell, California’s new Real Estate Commissioner about his appointment and the future of the Department of Real Estate (DRE). We also posed several reader questions, chosen from the tremendous number of inquiries sent to us. Thanks for participating! If you enjoyed this feature, please let us know in the comments.

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Rise of the wealthy renter: former homeowners flock to apartment units

Pinning the increasing wealth of renters to a change in consumer preferences is the wishful thinking of landlords and property managers. The fact of the matter is the mass defaults of the financial crisis forced owners out of their homes and into rentals. And now, the return to mortgage lending fundamentals is keeping them there, for the time being.

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Weekly Poll

Which price tier of homes in California is most adversely affected by the present growing divide between wealthy families and poor families?

  • Mid-tier (64%, 55 Votes)
  • Low-tier (30%, 26 Votes)
  • High-tier (6%, 5 Votes)

Total Voters: 86

From:New construction drops heading into Q4 2021

Check out our previous poll here.

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