Homebuyers not shopping for the best mortgages, foreclosure levels on the rise, and Zohran Mamdani’s very un-socialist new home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 8-12. Miss: A Missed Opportunity. A new...
The San Francisco-headquartered housing advocacy group YIMBY Law has filed a lawsuit against California Gov. Gavin Newsom’s Executive Order that suspended SB 9 development in Los Angeles County areas impacted earlier this year by catastrophic wildfires. SB 9, passed...
California Gov. Gavin Newsom signed Senate Bill 79 into law, which will enable the state to overrule local zoning ordinances by allowing the creation of taller and denser housing developments to be built near transit corridors including bus stops and train stations....
Gov. Gavin Newsom has appointed Tony Sertich to become the next executive director of the California Housing Finance Agency (CalHFA). Sertich was most recently the assistant deputy director at the Division of State Financial Assistance at the California Department of...
President Trump and Gov. Gavin Newsom engaged in a hostile social media exchange over the rebuilding of Los Angeles County’s fire-ravaged housing market, with the president complaining about the state’s recovery plans and the governor’s office accusing Trump of...