IN THE NEWS

Democratic leaders, Jerry Brown agree on package to spur housing

August 29, 2017

The Sacramento Bee - Legislative leaders and Gov. Jerry Brown have reached a deal on a trio housing bills expected to spur new construction across the state and begin digging California out of an unprecedented housing shortage that has led to soaring rents, mass evictions and a homeownership rate at its lowest ...

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California lawmakers reach deal on affordable housing bond

August 28, 2017

The Los Angeles Times - Gov. Jerry Brown and legislative leaders agreed late Monday to a $4-billion bond aimed at the 2018 ballot that would fund low-income housing developments and subsidize home loans for California veterans. "The bond agreement we have reached provides badly needed funding to help Californians ...

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California’s housing crisis – it’s even worse than you think

August 28, 2017

The Mercury News - Half the state’s households struggle to afford the roof over their heads. Homeownership-once a staple of the California dream – is at its lowest rate since World War II. Nearly 70 percent of poor Californians see the majority of their paychecks go immediately to escalating rents. This month, state lawmakers are debating a long-delayed housing package. Here’s what you need to know about the scope of one of California’s most ...

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Southern California home prices surge in July amid shortage of supply

August 29, 2017

The Los Angeles Times - Southern California home prices surged in July, as the already white-hot housing market saw heavy demand amid a persistent housing shortage. The six-county area’s median price climbed 7.7% from a year earlier to $501,000, according to a report released Tuesday from CoreLogic. That was the greatest jump in nearly 2½ years and put the ...

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Governor, Democratic Leaders Reach Agreement On Major Pieces Of Housing Deal

August 28, 2017

The Los Angeles Times - California Gov. Jerry Brown and legislative Democrats have reached a housing deal at the state Capitol that includes a $4 billion bond, a new fee on real estate transaction documents, and several efforts to streamline new development projects ...

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In the News