Refinances rise with low rates; FRM rates continue to decrease, for now; Rate decrease impacts buyer purchasing power
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Refinances rise with low rates; FRM rates continue to decrease, for now; Rate decrease impacts buyer purchasing power
The buyer purchasing power index continued to rise in the third quarter of 2016, indicating homebuyers have more money available today to pay higher prices.
Governor Brown’s affordable housing proposal is shot down by one of its potential beneficiary groups: construction labor unions. Although the proposal held promise, attendant excess development costs make it infeasible for many California developers.
A case between the city of Berkeley and a property owner will set the tone for affordable housing mitigation fees when landlords choose to demolish rent-controlled units to redevelop property.
Affordable housing preservation investors swoop in to save the day for residents of existing affordable housing units throughout the state — but the altruistic projects do nothing to alleviate the housing supply crisis.
California’s unemployment rate dropped in August 2016.
San Diegans will vote on the rezoning of agricultural land to residential and commercial construction in Lilac Hills.
Ardenwood Technology Park is rezoned to accommodate up to 7,500 potential new jobs — but where will the employees live?
California home sales volume flat, for now; Jobs steadily increase; First-time homebuyers wait for another day
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