California voters approve measure aimed at restricting AIDS Healthcare Foundation spending

California voters approve measure aimed at restricting AIDS Healthcare Foundation spending

California voters have approved Proposition 34, a measure from an apartment trade group that aimed to restrict spending by the AIDS Healthcare Foundation, which has bankrolled several rent control initiatives and criticized... Read more »
Will California home and rent prices drop in 2024?

Will California home and rent prices drop in 2024?

Southern California home prices dipped in October for the third straight month, but values remain near all-time highs and unaffordable for most households. The average home price in the six-county region was... Read more »
California Bank & Trust Relocates to DTLA’s Aon Center

California Bank & Trust Relocates to DTLA’s Aon Center

California Bank & Trust is relocating its Los Angeles office to Carolwood LP’s AON Center. The bank is moving from 550 S. Hope St. into 28,603 square feet of office space at... Read more »
California Bank & Trust Relocates to DTLA’s Aon Center

California People and Company News, Week of Nov. 9, 2024

The Macerich Company announced that Daniel E. Swanstrom II will become CFO effective Nov. 16. Swanstrom previously served as CFO at two public REITs and as an investment banker with Morgan Stanley.... Read more »
Arizona has become a top choice for those fleeing California

Arizona has become a top choice for those fleeing California

In efforts to escape “sky-high real estate prices” and rising costs of living, California residents are favoring Arizona as a top relocation destination behind only Texas. That’s according to a report released... Read more »
California Environmental Quality Act is hurting Latino homeownership

California Environmental Quality Act is hurting Latino homeownership

Latinos in California face significant disparities in income, homeownership and education compared with their counterparts in other states with substantial Latino populations such as Texas and Florida. Our state’s housing crisis is... Read more »
California, New York have the nation’s most expensive ZIP codes

California, New York have the nation’s most expensive ZIP codes

The nation’s most expensive neighborhoods are once again in coastal states. A recent report from real estate data provider PropertyShark ranked California, New York and Florida as the states with the most... Read more »
Silicon Valley billionaires put plans for new California city on hold

Silicon Valley billionaires put plans for new California city on hold

The tech billionaires backing a proposal to raise a brand-new city on the rolling prairie northeast of San Francisco Bay have agreed to pull their measure off the November ballot and will... Read more »
Over Half of California Renters Burdened by Housing Costs

Over Half of California Renters Burdened by Housing Costs

More than half of California tenants strain to pay their rent, while more than a third of homeowners are burdened by housing costs. Last year, 56 percent of statewide renters spent 30... Read more »
eXp Realty lands 21-agent team in Northern California

eXp Realty lands 21-agent team in Northern California

In its race against other brokerages to add agents, eXp Realty has scored big in California. Prime Real Estate Team is leaving the white-label brokerage Side and taking its 21 agents to... Read more »