Mindblown: a blog about philosophy.
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California Housing Prices: Will They Fall in 2025?
California housing prices in 2025 may see declines in some MSAs, with others experiencing growth. High living costs and remote work trends are driving declines in cities like San Francisco and Sacramento.
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Can Fed Fix the California Housing It Crashed?
Homebuying in California has sharply declined since March 2022, following a series of rate hikes. Average home sales reached 260,200 annually, 40% below March 2022's pace of 434,100.
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California Passes Law Extending New Protections to Mortgage Borrowers
Governor Newsom signed AB 2424, effective January 1, 2025, which introduces new foreclosure notification and sale requirements for mortgage lenders. Lenders must inform defaulting borrowers about third-party assistance options and provide disclosures before signing mortgages. Foreclosure sales are postponed for 45 days if the property is listed for sale, with further delays if a purchase…
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California Seeks Public Input on Insurance Reforms
California's Department of Insurance seeks public input on reforms to improve statewide insurance availability.A virtual public hearing on wildfire modeling regulations is scheduled in September.
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Broadband and Housing Bills Impact California Growth
California’s housing market is impacted by broadband expansion, new laws, and emerging affordable housing trends. Over $1.8B for broadband could transform underserved communities, increasing Real Estate viability across California.
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California’s Wildfire Crisis: $760 Billion Rebuild Bill
Over 1.2 million California homes face high wildfire risk, with reconstruction costs exceeding $760 billion. California FAIR Plan offers limited insurance, with major insurers retreating from high-risk zones.
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California launches $80 million rebate program to electrify multifamily buildings, homes
California has initiated an $80 million rebate program to support the electrification of multifamily buildings and homes across the state. Continue to full article
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Just Sold this listing Address: 5545 E Joaquin Commerce, CA 90040
Welcome to 5545 E. Joaquin Circle! Nestled in a quiet cul-de-sac, this well-maintained 4-bedroom, 2-bath single-family home offers 1,164 sq. ft. of updated living space on a 4,248 sq. ft. lot. Lovingly cared for by the same owners since the mid-1980s, this home features modern upgrades like recessed lighting, dual-pane windows, and wood flooring throughout.…
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California’s New Home Construction Rises
Single-family Permits Increase: Up 13% from 2023, highest in two years. Multifamily Permits Decrease: Hit a 12-year low, down 27%.
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Orange County Market Update
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