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A real estate license must be obtained from the DRE in order to engage in the real estate business and to act in the capacity of a real estate broker or salesperson within the State of California. Before applying for a license, all education and experience requirements mandated by the Department must be fulfilled. [ 5 ]
The Southern California real estate boom of the 1880s, also the boom of the eighties, and sometimes just called the 1887 real estate boom, was the first big settlement push into Los Angeles County (including what is now Orange County), San Diego County (including what is now Imperial County), San Bernardino County (including what is now ...
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]
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.
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]
An abstract of title is the condensed history of the title to a particular parcel of real estate, consisting of a summary of the original grant and all subsequent conveyances and encumbrances affecting the property and a certification by the abstractor that the history is complete and accurate.
Before initiative proponents may gather signatures, the Attorney General prepares an official title and summary for the proposed law, and the California Legislative Analyst's Office submits a report on its estimated fiscal effects. There is a 30-day public review period that begins after the Attorney General receives the submission and the ...
PHOTO: One person was injured when a holiday drone show in Orlando on Dec. 21, 2024, went haywire and several of the unmanned aerial devices crashed into each other and plummeted to the ground ...