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Jun 2, 20235 min read
Tax on short-term rentals like Airbnb could fund California affordable housing
Senate Bill 584 by state Sen. Monique Limón, a Santa Barbara Democrat, would impose a 15% tax on short-term rentals — the homes and rooms...
Feb 13, 20235 min read
A surge in mortgage rates and elevated home prices dampened California’s housing affordability
A rapid rise in mortgage interest rates depressed housing affordability in California during the fourth quarter of 2022.
Feb 10, 20233 min read
Consumers’ evaluation says present situation improved, but fears loom of future housing trends
News about the economy and jobs is affecting the California housing market.
Jan 23, 20236 min read
Interest rate reprieve bolsters December home sales, C.A.R. reports
Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 240,330 in Dec.
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