California Real Estate Prices and our Water Supply
California Real Estate Prices
It’s no secret that California has a shortage of affordable housing. It’s also no secret in California that we have had water shortages and water rationing, not so much because of environmental changes, but, because of California’s reluctance to build new dams and water reservoirs.
Also almost all Californians are aware of California’s policy of diverting huge amounts of water directly into the ocean on the theory that it will protect the Delta Smelt. Read more
Future of California Housing
Future of California Housing – An affordable housing solution
Container Homes could be the answer to California’s affordable home crisis.
Container homes are exactly what they sound like; homes made from the steel shipping containers that you see carrying goods everywhere on trains, trucks, and ships. … Besides trendiness, interest in container homes is also part of a wider interest in saving money with prefabricated and modular homes. Read more
California Real Estate YES ON 5 – NO ON 10
California Real Estate
Two very important California Real Estate issues are on tomorrow’s ballot!
Homeownership and private property rights are on the California ballot this November and the election outcome will determine our state’s housing future. REALTORS throughout the state are committed to protecting home-ownership and are urging our clients, colleagues and fellow Californians to look closely at this year’s ballot. The state’s housing future depends on it. Read more
California Affordable Housing
California Affordable Housing Problem
The California legislature in Sacramento is considering two new bills to help California’s housing problem. With the healthy recovery of California home prices, combined with the lack of normal resale inventory of homes, the California affordable housing problem has been exasperated.
The Sacramento California lawmakers say they need to pass a combination of measures to address the state’s housing crisis. It has been estimated 1.5 million California families lack access to affordable housing. California also has disproportionately high rates of homelessness.
The first bill moving through the legislature is SB35. This bill removes some development restrictions in cities that fall behind on housing production goals. It passed 23-12 in the Senate.
The second bill is AB73, which rewards cities for streamlining the approval of housing, particularly for developments near public transportation. It passed the Assembly 46-19. Read more