Easter is a Christian holiday that celebrates the belief in the resurrection of Jesus Christ.However, according to many theologians, Easter originally began before the arrival of Christianity.It is believed that Easter is named after the Anglo-Saxon goddess of the dawn and spring, known as Eostre.Examples of Easter traditions include Easter eggs and related...
The housing market is heavily influenced by mortgage rates, impacting both buyers and sellers. Low rates increase demand, leading to higher prices and a seller's market. Conversely, high rates reduce affordability and slow sales. Rates also affect refinancing trends, with lower rates prompting more activity. Economic factors, such as job market strength and housing supply, also play a significant...
Free money: - Up to $3K grants available for earthquake-proofing homes Eligibility: - Own a pre-1980 house with a crawl space in certain ZIP Codes....
Mortgage rates decreased after two weeks of growth, reaching their lowest level since May 2023. Experts predict rates to fall, rise, or level off in February. The Federal Reserve's actions and economic conditions will influence the direction of mortgage rates in 2024. Continue to full article...
Affordability and availability persist in Southern California's housing market, but sentiment may rise more in mid-2024. Consumer sentiment toward housing improves, encouraging re-entry if economy remains strong and rates drop....
Home-price growth accelerated in December, with the S&P CoreLogic Case-Shiller National Home Price Index rising 5.5% from a year earlier. Despite increased financing costs, 2023 exceeded the 3.5% average annual gain. The median existing-home sale price in January was $379,100, up 5.1% from a year earlier. Continue to full article...
60-Plus bills signed: - Lawmakers tackle housing crisis, from tenant protections to streamlined development. Boosting affordable housing: - Religious institutions, colleges can build; coastal zoning barriers lowered...
A California lawmaker is proposing a bill to expand eligibility for a state home loan program to include undocumented residents. The program aims to address wealth disparities and has made changes to ensure equitable distribution of funds. Undocumented individuals can use ITINs to buy homes, but face higher costs. Continue to full article...
California's housing shortage is a long-term problem, but 2024 marks a turning point with new laws aimed at boosting construction. Barriers are removed and incentives are increased for housing development....
A report from USC's Lusk Center for Real Estate predicts rising multifamily rents in Southern California, posing challenges for commercial real estate financing. Factors like maturing debt, high interest rates, and housing supply issues contribute to a complex landscape for renters and landlords. Efforts to increase affordable housing may be hindered by additional costs in certain...