The California Department of Insurance unveiled a new regulation this week that aims to increase homeowners insurance coverage in areas prone to wildfires, a response to the recent pullback in policies by... Read more »
Home prices continue to rise, but they’re rising in slightly fewer areas of the country. Data released Thursday by the National Association of Realtors (NAR) shows that during the third quarter of... Read more »
A metro area’s median price surpassed $2 million (San Jose, Calif.) for the first time since NAR began tracking metro area single-family home prices in 1979. Key Highlights Single-family existing-home sales prices... Read more »
A flood of non-renewal notices for home insurance policies from State Farm will hit upscale neighborhoods from Calabasas to Bel-Air, while leaving others relatively unscathed. Illinois-based State Farm General Insurance has released... Read more »
For many prospective homebuyers, the current landscape of the housing market may seem daunting, with soaring home prices and mortgage rates that are higher than ideal. However, amidst this seemingly challenging scenario,... Read more »
Airbnbs and other short-term rentals in unincorporated areas will be restricted to hosts who are renting out their primary residence, under a proposal that gained preliminary approval from the Los Angeles County... Read more »
Key Highlights Single-family existing-home sales prices climbed in 86% of measured metro areas – 189 of 221 – in the fourth quarter, up from 82% in the previous quarter. The national median... Read more »
The year 2024 is anticipated to bring forth another wave of rising home prices, according to data provided by CoreLogic. This comprehensive analysis not only sheds light on the 20 metro areas... Read more »
The US housing market is showing signs of a bubble, with Fitch Ratings estimating that 88% of metropolitan statistical areas (MSAs) had overvalued home prices in the second quarter of 2023. This... Read more »
In the third quarter of 2023, single-family and multifamily home construction grew in outlying areas instead of urban centers. That’s according to the National Association of Home Builders (NAHB) Home Building Geography... Read more »