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7.6% Of California Homeowners Are Under 35, 4th Fewest In U.S.

7.6% Of California Homeowners Are Under 35, 4th Fewest In U.S.

Over the last year and a half, one of the dominant stories in the U.S. economy has been the steep increase in the cost of homes in a highly competitive market. Earlier this year, the median sales price of a home in the U.S. passed $400,000 for the first time, up by more than 20% […]

California Has Most Overleveraged Homeowners In U.S.

California Has Most Overleveraged Homeowners In U.S.

Mike LaFirenza Housing prices in the U.S. have reached record levels during the COVID-19 pandemic and show little sign of slowing down. A combination of strong demand, low inventory of existing homes, and constraints on new construction due to labor and supply shortages have sent prices sharply upward, with the median home sales price in […]

California Homeowners Spend Most On Housing

California Homeowners Spend Most On Housing

Mike LaFirenza Housing prices in the U.S. have been on a steep upward trajectory over the last year and are continuing to climb. Unusual economic conditions, strong demand for homes, and record low inventory have made the residential real estate market highly competitive and sent prices skyrocketing. According to data from the Department of Housing […]

Santa Paula, CA | Service Line Protection Available For Homeowners

Santa Paula, CA | Service Line Protection Available For Homeowners

Santa Paula, CA – The City of Santa Paula has partnered with Service Line Warranties of America (SLWA) to offer protection for homeowners for external water and sewer lines. The coverage is voluntary and available at affordable monthly or annual prices. “In today’s economy, it’s important for the City to help homeowners find affordable protection […]

China’s “Lehman Moment” Arrives On 13th Anniversary Of Lehman Bankruptcy: Beijing Tells Banks Evergrande Won’t Pay Interest

China’s “Lehman Moment” Arrives On 13th Anniversary Of Lehman Bankruptcy: Beijing Tells Banks Evergrande Won’t Pay Interest

BY Tyler Durden | ZeroHedge Yesterday, when covering the non-stop drama surrounding China’s most insolvent property developer, Evergrande, we said that it would be remarkably ironic if Evergrande were to announce a default – which everyone knows is coming – today, on the 13th anniversary of Lehman’s bankruptcy filing on Sept 15, 2008.   Evergrande […]

California Has The 13th Most Residents Behind On Mortgage Payments

California Has The 13th Most Residents Behind On Mortgage Payments

After a year and a half of the COVID-19 pandemic, many of the policies put in place to protect homeowners and renters are coming to an end, and this fall could see a wave of foreclosures and evictions as a result. From early on in the pandemic, policymakers enacted measures to protect renters and homeowners […]

California Is The 18th Best-Paying State For Roofers

California Is The 18th Best-Paying State For Roofers

The COVID-19 pandemic has caused long-lasting economic disruption in many industries, but one field that is poised for continued growth coming out of the pandemic is construction trades, including roofers. The occupational outlook for roofers from the U.S. Bureau of Labor Statistics estimates that nearly 15,000 roofing jobs will come open annually through 2029. But […]

17.9% Of California Homeowners Moved in 30+ Years Ago, 20th Most in U.S.

17.9% Of California Homeowners Moved in 30+ Years Ago, 20th Most in U.S.

Since the start of the COVID-19 pandemic, economic observers—and many frustrated aspiring homebuyers—have commented extensively on the extremely competitive market for housing. For many middle class households, savings rates increased while much of the economy was shut down last year, while federal stimulus has enabled strong stock market returns and low mortgage interest rates. These […]

Homeowners Can Put Off Mortgage Payments Amid Outbreak

Homeowners Can Put Off Mortgage Payments Amid Outbreak

BY TOM OZIMEK Homeowners struggling to make ends meet as the COVID-19 pandemic takes its toll on the U.S. economy will be able to postpone their mortgage payments for up to 12 months, according to mortgage backers Fannie Mae and Freddie Mac. The two government-sponsored enterprises said in a press release that loan servicers could suspend payments for up to a […]

46th Conejo Valley Home Remodeling Show – April 18 and 19

46th Conejo Valley Home Remodeling Show – April 18 and 19

46th Conejo Valley Home Remodeling Show Saturday & Sunday, April 18 and 19, 2020 Hyatt Regency Westlake 880 S Westlake Blvd., Westlake Village, CA 91361 Westlake Village, Calif.–Homeowners who are planning spring and summer projects around their house can talk with professionals for ideas and advice at the 46th Conejo Valley Home Remodeling Show. Celebrating 25 […]

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