by jpitney | Jun 19, 2024 | California Politics, Housing
From the California Association of Realtors: Mortgage rates that surged to their highest levels since late last year hampered California home sales in May on both a monthly and an annual basis, while the statewide median home price exceeded $900,000 for the second...
by jpitney | May 30, 2024 | California Politics, Housing
Christine Mai-Duc at WSJ: When California legislators voted in 2021 to eliminate zoning laws that require neighborhoods to have only single family homes, supporters celebrated it as a tool to alleviate the state’s crippling housing shortage. Opponents said it heralded...
by jpitney | May 23, 2024 | California Politics, Economic Policy, Housing
Andrew Khouri at LAT: Want a house in California? It’ll likely cost you over $900,000. The statewide median sales price for a previously owned single-family house surpassed $900,000 for the first time in April, a shocking figure that underscores just how unaffordable...
by jpitney | May 14, 2024 | California Politics, Housing
The number of fires that are related to homeless people or tents has been climbing in Los Angeles. The I-Team’s Joel Grover reports.
by jpitney | Apr 12, 2024 | California Politics, Housing
Marisa Kendall at CalMatters: Exactly how much is California spending to combat homelessness — and is it working? It turns out, no one knows. That’s the result of a much-anticipated statewide audit released Tuesday, which calls into question the state’s ability to...
by jpitney | Mar 16, 2024 | California Politics, Housing
As of the morning of March 16, Prop 1 leads by fewer than 20,000 votes statewide, with about 287,000 left to count. George Skelton at LAT: Gov. Gavin Newsom should have learned this four years ago: You don’t try to sell voters on more government spending in a primary...
