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Newsom Backs Bill Providing Homeowners with Interest Earned on Insurance Payouts

Newsom Backs Bill Providing Homeowners with Interest Earned on Insurance Payouts

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

California Gov. Gavin Newsom announced his support for new legislation designed to ensure that homeowners lenders benefit from the interest earned on insurance payouts, particularly those impacted by the recent Los Angeles County destructive wildfires. California law...
New Report Details Discrimination Against Section 8 Housing Voucher Tenants in California

New Report Details Discrimination Against Section 8 Housing Voucher Tenants in California

by Phil Hall | Oct 9, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A newly released investigation report has found California residents holding Section 8 housing vouchers were refused rental contracts by more than 200 landlords in the state. According to the Associated Press, the nonprofit Housing Rights Initiative filed complaints...
San Francisco DMV Field Office to Become Apartment Complex

San Francisco DMV Field Office to Become Apartment Complex

by Phil Hall | Oct 4, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The office of California Gov. Gavin Newsom announced the redevelopment of an existing Department of Motor Vehicles (DMV) Field Office in San Francisco into an apartment complex. The current site was constructed in 1960, but it no longer complies with current health...
Hits and Misses for the Real Estate Week of Sept. 16-20

Hits and Misses for the Real Estate Week of Sept. 16-20

by Phil Hall | Sep 20, 2024 | Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new plan to expand federal involvement in housing, a deed thief gets arrested, and Home Depot pays for overcharging customers. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 16-20. Miss: AOC Talks Housing. This week,...
California Senate Approves Bill to Expand Down Payment Program to Illegal Immigrants

California Senate Approves Bill to Expand Down Payment Program to Illegal Immigrants

by Phil Hall | Aug 29, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The California State Senate voted 23-11 to approve a bill that opens a state program for down payment assistance to illegal immigrants. However, it is unclear whether Gov. Gavin Newsom will sign or veto the bill. AB 1840 would require the California Dream for All...
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