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A May 2023 study from real estate company Redfin found there were only four metropolitan areas in the country where buying was more affordable than renting: Detroit, Philadelphia, Cleveland and ...
If you want to buy a home but can't qualify for a mortgage, renting to own might be a good solution. With a rent-to-own agreement, you lease a home with the intention of buying it at the end of a ...
In 2017, the median price of a home in California was more than 2.5 times the median in the U.S. as a whole, and in California's coastal urban areas, the shortage was greater than the inland areas, as demonstrated by the median prices of homes in those respective markets: $1.3M in San Francisco, $1M in San Jose, and $600k in Los Angeles, while ...
California’s housing market hit a new milestone in April as median home prices neared the one million dollar mark, setting records during the state’s buoyant spring buying season.The ...
A housing shortage has recurred and apparently reached the crisis stage. In a 2014 California treatise on real estate development, the authors opined that "[C]ommunities across California continue to confront the challenge posed by a scarcity of housing, particularly of affordable housing. In the last several decades, housing production in the ...
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. [6]
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