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 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...
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 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...
The CEO of a California construction company was arrested on a federal criminal complaint alleging that he fraudulently obtained more than $4 million in Covid-19 relief funds and federally guaranteed small business loans. According to court documents, Joey Wayne...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
