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  2. Want to buy a home in California? Here’s how much you ... - AOL

    www.aol.com/want-buy-home-california-much...

    According to the California Association of Realtors’ most recent home sales and price report, the median sold price of an existing single-family home in California was $788,940. A 10% down ...

  3. Older Americans Are More Likely To Buy Homes in High-Risk ...

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    New research from Redfin found that older Americans are more likely than younger Americans to buy homes in places with “significant” climate risk. As of 2023, more than one-third (36.9%) of ...

  4. What to do when your CD matures: Taking advantage of your ...

    www.aol.com/finance/what-to-do-when-cd-matures...

    You can also use your CD funds to pay off debt. “I once advised a client to cash out their matured CD to pay off high-interest credit card debt ,” says Antwyne DeLonde, founder of VisionX Finance.

  5. California housing shortage - Wikipedia

    en.wikipedia.org/wiki/California_housing_shortage

    By 2016, the median price of a home in California, at $409,300, was more than twice the median price of a home in the U.S. as a whole, more expensive than any state other than Hawaii. [14] The shortage is statewide; from 2010 to 2017, the state added one new housing unit for every five new residents, and is pronounced in employment centers such ...

  6. Rent control in the United States - Wikipedia

    en.wikipedia.org/wiki/Rent_control_in_the_United...

    Reasons given for these laws include residents owning their homes while renting the land the home sits on, the high cost of moving mobile homes, and the loss of home value when they are moved. California, for example, has only 13 local apartment rent control laws but over 100 local mobile home rent control laws.

  7. Age-restricted community - Wikipedia

    en.wikipedia.org/wiki/Age-restricted_community

    While in the United States discrimination in housing is generally prohibited, the Fair Housing Act of 1968 [11] and the Housing for Older Persons Act of 1995 (109 STAT. 787) [12] allow communities to restrict residency to older individuals. [13] Individuals may buy into these properties regardless of age; however, the owner may be prohibited ...

  8. Will California homeowners relocate or rebuild? Both are costly

    www.aol.com/california-homeowners-relocate...

    Peter Vanek, president of PVRK, a Southern California-based real estate consulting company, said his home was destroyed by a battery fire in 2023. His insurance initially estimated $350,000 for ...

  9. How to save for a home down payment when rates are falling - AOL

    www.aol.com/finance/save-home-down-payment-rates...

    The bank also offered an 11-month, no-penalty CD at a slightly lower rate, 4.00 percent. The other key benefit to a CD: You can calculate exactly how much money you’ll have at maturity. For ...