Search results
Results from the WOW.Com Content Network
December 16, 2024 at 6:00 AM. ... The Southern California housing market is downshifting. The average home price in the six-county region fell 0.3% from October to $869,288 in November, according ...
California has long faced one of the largest housing deficits in the United States. In December 2022, CNN reported California had the largest deficit in the nation. A combination of inflation ...
The California Legislative Analyst's Office 2015 report "California's High Housing Costs – Causes and Consequences" estimates that for the state to have kept housing prices no more than 80% higher than the median for the U.S. as a whole (the price differential which existed in 1980, as opposed to the >150% differential which exists today ...
An affordable housing crisis or housing crisis is either a widespread ... started reforming its housing laws in 2013. As of July 2024, ... report estimates that 4.75 ...
The analysis was somewhat optimistic about the battered California housing market. “Higher mortgage rates should send prices lower,” it said. In January, sales of existing single family homes ...
In addition to shortage and affordability issues, the term "housing crisis" has been used for overlapping concepts such as a "fair housing crisis," involving residential discrimination and effects of segregation; an "eviction crisis"; issues of gentrification and displacement; and environmental concerns.
The state’s first major spike in housing costs came along the coast in the ’70s, according to a 2015 report from the California Legislative Analyst’s Office.
In 2024, zoning remains a much-discussed avenue to alleviate the housing shortage. [14] Mayor Breed proposed in July 2024 rezoning for more housing in areas that currently require a high percentage of office space. [15] And there were a number of state led bills to loosen zoning restrictions near public transit. [16]