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The California Real Estate Association also supported California Proposition 10 on the November 1950 election ballot (adding Article 34 to the California Constitution and known as the "Public Housing Project Law") which made it significantly more difficult to build low-rent housing projects in California communities. [13]
Chika Sunquist was appointed Commissioner of the California Department of Real Estate (DRE) by Governor Gavin Newsom on November 28, 2023, and she assumed office on January 3, 2024. [5] Real estate licensing is subject to both the Real Estate Law and the Regulations of the Commissioner, which have the force and effect of law.
The real estate surge is predicted to take place primarily in the South and the West, including states like California, a state with 10 regions in Realtor.com’s top 100 of 2025.
October 7–15, 2020 1,400 (A) ± 3% 55%: 29% 16% SurveyUSA: September 26–28, 2020 588 (LV) ± 5.4% 49%: 21% 30% UC Berkeley Institute of Governmental Studies: September 9–15, 2020 5,942 (LV) ± 2% 49%: 34% 17% Public Policy Institute of California: September 4–13, 2020 1,168 (LV) ± 4.3% 51%: 40% 9% Probolsky Research: August 27 ...
Proposition 33, titled Expands Local Governments’ Authority to Enact Rent Control on Residential Property, and also marketed as the "Justice for Renters Act", was a California ballot proposition and initiative statute in the 2024 general election that would have repealed the Costa–Hawkins Rental Housing Act and allowed localities to enact ...
New year, same old real estate market: The high mortgage rates, scarce inventory and dismal affordability that have plagued housing look set to linger. NBC Universal 1 month ago The housing market ...
The following is a list of California ballot propositions broken down by decade. Propositions can be placed on the ballot either through the exercise of the initiative power by the voters or by a vote of the state legislature .
California also has high rates of migrants from other countries and states, [47] which has contributed to more demand for housing, and it has low amounts of moderately priced housing. The different tax treatment can make real estate more valuable to the current owner than to any potential buyer, so selling it often makes no economic sense. [3]