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The surge in unsold homes signals growing challenges in California's housing market, where affordability has long been a ...
California can no longer afford to treat overregulation as just an inconvenience. For too many, it’s a barrier to survival.
A growing list of California cities are reeling from the ongoing housing crisis, with once working-class towns seeing median home prices exceeding $1 million. According to The Los Angeles Times ...
The median sale price of a California home was $854,700 in the same month, up 0.2 percent from a year earlier, according to Redfin. Five years earlier, in April 2020, a typical California home ...
International investors are capitalizing on weak U.S. housing demand, with over half making cash purchases to avoid high ...
The average home of 1,714 square feet (larger than California’s average) costs $129,103, or just twice the state’s average family income of $66,332.
At the time the data were collected, California had a $760,000 average home price, nearly seven times as much as its average income of $111,622.
Hans Johnson, a Senior Fellow at PPIC, breaks down the numbers on California’s declining population and how that’s impacted the housing market and availability of new homes.
California’s home insurance crisis: What went wrong, how it can be fixed and what owners can do. Sheri Marchetti-Perrault and James Benton embrace as they sift through the remains of their home, ...
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