Shadian Associates

Democratic legislators in the State Assembly have introduced three major bills designed to curb real estate speculation. According to Randy Shaw, executive director of the Tenderloin Housing Clinic, their passage would be the most transformative advance for tenants and affordable housing since at least the passage of AB 1482 - which imposed statewide rent increase caps and just cause eviction in 2019. The bills are Alex Lee’s AB 2050, Chris Ward’s AB 1771, and Richard Bloom’s AB 2386.

Use this guide to smooth the path to your first Southern California home with step-by-step expert advice, tips from successful home buyers and more.

House prices are going up. Here’s when you should increase your budget, and when to stick to your original price.

Mortgage rate soars closer to 5% in its second huge jump this week.

Pasadena Multifamily Properties Sell for $26 Million.

Mortgage applications to purchase a home jumped 9% last week from the previous week and were 28% higher annually. Applications to refinance a home loan fell 5% for the week, but were an impressive 102% higher than a year ago.

The Los Angeles realestate market.

Home prices see biggest spike in 6 years in September, S&P Case Shiller says.

The inventory of homes for sale fell 19.2% annually to just 1.47 million homes for sale at the end of September. At the current sales pace that represents a 2.7-month supply. That is the lowest since the Realtors began tracking this metric in 1982.

Current lending rates.

November, another record high.

The median prices for single-family and condo homes in Denver hit record highs of $510,000 and $334,752 respectively.

There are now about 10,000 apartments for sale in Manhattan, which would be a record.

Sales of new U.S. single-family homes increased to their highest level in nearly 14 years in August.

Fed: No rate hikes from the central bank until 2023.

Powell says low interest rates could last for years.

Mortgage demand from homebuyers is now 28% higher than last year.

Exceptionally strong demand, historically low supply and record low mortgage rates are combining to fuel the fastest home price growth since 2018.

You want to associate with people who are the kind of person you’d like to be.

As of August 25, 3.9 million homeowners were in mortgage forbearance programs, according to Black Knight, a mortgage technology and analytics firm. This represents 7.4% of all active mortgages and is unchanged from the week before. The numbers have not improved in the past two weeks.

Pending home sales, which measure signed contracts to purchase existing homes, increased 5.9% in July compared with June, according to the National Association of Realtors. Sales were 15.5% higher annually.