Affordable Housing Act Yes or No?
Yes on Proposition 10 does not impose rent control throughout California; it merely allows city and county governments to pass...
Jeff Shelton’s El Jardin in Santa Barbara
Architect Jeff Shelton’s “El Jardin” at 819 Garden Street in Santa Barbara, California. A unique four-bedroom four and a half...
Proposition 10? Rent Control in California, Yes or No?
In the November election, California voters will decide on 11 propositions. Here’s everything you need to know about Proposition 10. PROPOSITION 10:...
Home Accessibility: Making Your Home Work for You
As someone who is living with a disability, your home should be a place where you can easily maneuver, allowing for ease of living and relaxation. Whether you are looking for a new home or would prefer to modify your current one, the following tips will set you on the right path to a more accessible home.
Buyer’s Market?
CNBC reported on July 24, 2018, that sales of both new and existing houses and condominiums dropped 11.8 percent year over year, as prices shot up to a record high, according to CoreLogic. The median price paid for all Southern California homes sold in June was a record $536,250. A 7.3 percent increase compared to June 2017. In the past California, one of the largest housing markets in the nation has been a predictor for the rest of the country. Sales fell 1.1 percent compared with May, but the average change from May to June, going back to 1988, is a 6 percent gain. The weakness was especially apparent in sales of newly built homes, which were 47 percent below the June average. Part of that is that builders are putting up fewer homes, so there is simply less to sell.
Neverland Ranch For Sale
Win Southern California Dream House!
This Southern California Dream House offers 4,700 square feet of luxury living. Five spacious bedrooms, and five and one-half baths....
DOW PLUNGES and MORTGAGE RATES RISE
There is not a tangible relationship between mortgage rates and the stock market whereby one can be said to directly drive the other. Although they both respond to the same market conditions, their response is difficult to predict. That said, there are some notable patterns by which either mortgage rates or the stock market suggest the behavior of the other. These patterns are based on flows of investment money, as well as the larger economic impact of either a healthy stock market or low mortgage rates.
