Blog Thumbnail
7 Interior Design Trends That Will Be Huge This Fall

By Sydney Meister | Sep. 13, 2021 Additional reporting by Destinee Scott https://www.purewow.com/home/fall-interior-design-trends The verdict is in: Cozy fabrics, warm, earthy tones, vintage pieces and private spaces are taking over the fall design scene. At the start of 2020, many were forced to reconfigure our homes into multi-multi-functional spaces tha...

The Death of Single-Family Zoning: Senate Bill 9 (SB-9)

 September 27, 2021 by  Tim Burke  On September 16, 2021, Governor Gavin Newsom signed Senate Bill 9 (SB 9), also known as the California Housing Opportunity and More Efficiency (HOME) Act. The passage of SB 9 will forever change single-family zoning in the state of California. The bill was created with the purpose to increase housing in the state. SB 9 allows homeow...

Blog Thumbnail
What to Know About the HOA Balcony Law (SB 326)

FEBRUARY 08, 2021  https://www.apsmanagement.com/blog/what-to-know-about-the-hoa-balcony-law-sb-326/ On August 30, 2019, the Governor of California approved Senate Bill No. 326, which amends Civil Code Section 5551. Also known as the Balcony Law, SB 326 essentially protects property owners from building defects, and helps keep residents safe from hazards due to construction flaws.&nb...

Zillow, facing big losses, quits flipping houses and will lay off a quarter of its staff

Nov. 2, 2021  Daily Business Briefing By Stephen Gandel https://www.nytimes.com/live/2021/11/02/business/news-business-stock-market#zillow-q3-earnings-home-flipping-ibuying Zillow, the real estate website known for estimating house values, said on Tuesday that it would exit the business of rapidly buying and selling houses amid heavy losses and that it planned to let go ab...

Blog Thumbnail
How Is Real Estate Looking For LA Going Into 2022??

10 housing questions Southern California must answer in 2022 Cash buying’s hot — 30% of IE sales, up 65%; 29% of LA-OC buying, up 64%. By JONATHAN LANSNER | jlansner@scng.com | Orange County Register PUBLISHED: December 30, 2021 at 8:42 a.m. | UPDATED: January 1, 2022 at 3:46 p.m. Forecasting Southern California’s housing market i...

In Need of Mortgage Relief?

BY JON HEALEY PUBLISHED JAN. 4, 2022 UPDATED JAN. 5, 2022 10:05 AM PT Quick Link to California Relief Website.  You have to do it online, at camortgagerelief.org. If you don’t have access to the internet or a computer, you can ask a housing counselor to assist you. For help finding a counselor certified by the federal Department of Housing and U...

Blog Thumbnail
No, the housing market isn’t in a bubble. But there still are many things to worry about in 2022.

By Mark Zandi January 6, 2022 at 8:00 a.m. EST House prices are sizzling. Not just in swanky neighborhoods in the nation’s big cities or in resort towns. Not just in the suburbs or exurbs. Not just in inner cities or in rural areas. Just about everywhere. House prices were rising strongly before the pandemic, but since the pandemic hit they’ve been on a tear. The media...

How many records can Southern California home prices break? Last year, 10!

BY ANDREW KHOURISTAFF WRITER  JAN. 21, 2022 5 AM PT https://www.latimes.com/business/story/2022-01-21/southern-california-median-home-price-nears-700-000-record-high-december-2021 Southern California home prices hit another all-time high in December, capping a year of sharp growth that left many first-time buyers frustrated while homeowners counted their equity gains. ...

Blog Thumbnail
Sales of U.S. previously owned homes decline to a six-month low

Bloomberg News National Mortgage News Article Sales of previously owned U.S. homes fell in February by more than forecast to a six-month low as a limited supply of properties and high prices deterred potential buyers. Contract closings decreased 7.2% in February from the prior month to an annualized 6.02 million, figures from the National Association of Realtors showed Friday...

Home buyers: Don’t wait for home prices to drop in 2022!

Erik J. Martin / The Mortgage Reports Contributor / March 28, 2022 - 7 min read   Will home prices drop in 2022? The price of homes has risen significantly over the past few years. Many hopeful buyers, especially those on tighter budgets, are eager to learn if and when home prices may become more affordable. The consensus from experts? Don’t hold your ...