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California’s Median Home Price Hits New High

by Phil Hall | May 19, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California home sales declined for second straight month in April while the state’s median home price hit a new all-time high. According to data from the California Association of Realtors, closed escrow sales of existing, single-family detached homes totaled a...
Martha J. Mosier Named President at Pacific Sotheby’s International Realty

Martha J. Mosier Named President at Pacific Sotheby’s International Realty

by Phil Hall | May 19, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Pacific Sotheby’s International Realty, a San Diego-based luxury brokerage firm serving the Southern California market, has hired Martha J. Mosier as president. Mosier previously served as president and general counsel of San Diego-based Berkshire Hathaway...
California Approves 17% Rate Hike by State Farm

California Approves 17% Rate Hike by State Farm

by Phil Hall | May 14, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

California has approved a 17% increase for State Farm’s homeowners policies. CBS News reports the rate increase is lower than the insurer’s request for a 21.8% hike. California Insurance Commissioner Ricardo Lara announced the rate hike after administrative...
Homelessness Advocacy Groups Blast Newsom in Blaming Cities for Encampments

Homelessness Advocacy Groups Blast Newsom in Blaming Cities for Encampments

by Phil Hall | May 13, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Two prominent advocacy groups focused on homelessness has blasted California Gov. Gavin Newsom for blaming city and county governments for exacerbating the state’s elevated homeless population. Yesterday, Newsom issued a model ordinance for cities and counties to...
‘There Are No More Excuses’ — Newsom Tells California Cities to Remove Homeless Encampments

‘There Are No More Excuses’ — Newsom Tells California Cities to Remove Homeless Encampments

by Phil Hall | May 12, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

California Gov. Gavin Newsom has called on the state’s localities to address the presence of homeless encampments on their streets. “There’s nothing compassionate about letting people die on the streets,” said Newsom in a statement. “Local leaders asked for resources...
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