The recent National Association of REALTORS® settlement has introduced new real estate rules that are changing the home buying and selling experience.
Proposition 33, appearing on the ballot again, aims to grant local governments in California the power to impose rent caps and other tenant protections, potentially ending the state's "limits on limits."
California renters are spending over 35% of their income on rent, similar to homeowners’ mortgage payments. With rental supply at historic lows and high demand, prices continue to rise, challenging the concept of ‘affordable’ housing.
Mortgage rates have recently dropped in anticipation of the Federal Reserve’s expected rate cuts, with current 30-year fixed rates ranging between 5.75% and 6.75%. As September approaches, further reductions are likely...
The Conejo Valley real estate market remains strong despite high mortgage rates, with a 22% year-over-year increase in median home prices and continued low inventory.