A ballot measure that would have allowed California cities to expand rent control protections without state government approval was rejected by voters. SFGate.com reported that with nearly 95% of precincts reporting, the “no” votes on Proposition 33 totaled 61.6%, or...
California’s state government has filed a lawsuit against the City of Norwalk, claiming it enacted an unlawful ban on new housing that prevents the creation of emergency shelters, single-room occupancy housing, transitional housing, and supportive housing. The...
A growing number of California real estate agents are reporting the collapse of transactions because buyers are unable to obtain affordable homeowners’ insurance. A new survey by the California Association of Realtors membership found 13.4% of respondents admitting at...
A total of 695 commercial foreclosures were recorded in September, with California leading the nation in this unwelcome activity. According to new data from ATTOM, last month’s commercial foreclosure figure is down from the peak of 752 recorded in May. ATTOM...
Existing single-family home sales in California totaled 253,010 in September on a seasonally adjusted annualized rate, down 3.4% from 262,050 in August. According to the California Association of Realtors (CAR), this marked the lowest level of sales in nine months. On...
Trump Orders November 5 Hearing in New Effort to Remove Fed Governor Lisa C…
