by jpitney | Aug 13, 2024 | Housing, Insurance
Levi Sumagaysay at CalMatters: Like single-family homeowners in California, landlords are facing higher insurance premiums, too. And they’re passing along some of those costs to their tenants. Many insurance companies have stopped writing policies in the state...
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...