California's Department of Insurance seeks public input on reforms to improve statewide insurance availability.A virtual public hearing on wildfire modeling regulations is scheduled in September....
California's Department of Insurance seeks public input on reforms to improve statewide insurance availability.A virtual public hearing on wildfire modeling regulations is scheduled in September....
California’s insurance market faces high costs and limited options due to frequent natural disasters and outdated regulations. For home insurance, consider using the state’s search tool or working with a broker for better options....
California’s housing market is impacted by broadband expansion, new laws, and emerging affordable housing trends. Over $1.8B for broadband could transform underserved communities, increasing Real Estate viability across California....
Single-family home sales in September fell 14% from August, though average prices remained steady at around $1 million, marking an 8% increase from September 2023. Condominium and attached property sales dropped 22% month-over-month and were 5% lower than last year. Resale properties closed in an average of 34 days, up from 25 days a year ago. The median price for attached properties decreased 4% to...
Single-family Permits Increase: Up 13% from 2023, highest in two years. Multifamily Permits Decrease: Hit a 12-year low, down 27%....
Over 1.2 million California homes face high wildfire risk, with reconstruction costs exceeding $760 billion. California FAIR Plan offers limited insurance, with major insurers retreating from high-risk zones....
The San Diego housing market is experiencing significant growth, with average home values currently at $1,028,191, a 10.3% increase over the past year. Homes are selling quickly, averaging just 13 days on the market. While a slight decline in prices is expected by the end of 2024, a rebound of about 0.6% is forecasted for July 2025. Key drivers include a thriving economy, job growth, and low housing...
A report by Zumper indicates that rental prices in San Diego are declining, with the city ranking 9th nationwide for the highest rents. Encinitas has the highest average rent at $2,680 for a one-bedroom, while El Cajon has the lowest at $1,780. Factors contributing to the decline include an influx of over 4,000 new apartments and a population decrease, which has reduced rental demand. Experts suggest...
Selling a home in California typically costs 9.81% of the sale price, including REALTOR® fees, closing costs, and staging.The avg REALTOR® commission in California is 5.11% of the home’s sale price, with a potential seller concession to help cover buyer’s agent costs....
The median monthly mortgage in California is $2,673, reflecting the state's high cost of living.Four of the top five U.S. counties with the highest median home prices are in California....
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