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Study: 20% of California Residents Worried About Covering Housing Costs

Study: 20% of California Residents Worried About Covering Housing Costs

by Phil Hall | Oct 10, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly 20% of California residents, approximately 5.9 million people, admitted to being worried very often or somewhat often about paying their mortgage or rent, according to UCLA’s newly published California Health Interview Survey (CHIS). The latest findings, based...
California’s State-Run Property Insurance Program Proposes 36% Rate Hike

California’s State-Run Property Insurance Program Proposes 36% Rate Hike

by Phil Hall | Oct 7, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The California FAIR Plan, the state-run fire insurance program for property owners who cannot secure private market insurance, has proposed hiking home insurance rates by an average of 35.8% starting next spring. The San Francisco Chronicle reports that if the request...
California Home Sales Edged Up During August

California Home Sales Edged Up During August

by Phil Hall | Sep 22, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California recorded a seasonally adjusted annualized rate of 264,240 closed escrow sales of existing, single-family detached homes in August, up 0.9% from 261,820 homes in July but down by a slight 0.2% from 264,640 homes in August 2024. According to the California...
California Home Sales and Prices Forecasted to Rise in 2026

California Home Sales and Prices Forecasted to Rise in 2026

by Phil Hall | Sep 17, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new forecast published by the California Association of Realtors (CAR) is predicting existing single-family home sales across the state will reach a total of 274,400 unites, a 2% increase from this year’s projected sales of 269,000. The projected 2025 sales figure...
California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs

California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs

by Phil Hall | Sep 15, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California legislators have passed a bill that will enable the construction of high-density housing complexes near transit hubs. According to combined media reports, SB 79 proposed by State Sen. Scott Wiener (D-San Francisco) would overrule local zoning ordinances by...
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