Can California’s last-resort home insurer handle the demand?

Can California’s last-resort home insurer handle the demand?

With home insurers scaling back coverage in the state, enrollment is surging in California’s backstop insurance plan — as is the plan’s risk of sustaining losses that it can’t cover. Victoria Roach,... Read more »
California’s Prop. 1 Measure to Fund B For Housing Leading By a Fraction

California’s Prop. 1 Measure to Fund $2B For Housing Leading By a Fraction

Governor Gavin Newsom’s Proposition 1, a mental health bond measure that would provide $2 billion to build housing that was presented to voters on the California ballot last week, is leading by... Read more »
California’s high costs aren’t deterring Gen Z from moving there: Zillow

California’s high costs aren’t deterring Gen Z from moving there: Zillow

A Zillow analysis of U.S. Census Bureau data released Friday shows that the youngest group of prospective homebuyers, Generation Z, are bucking a larger trend by moving to California. Even as California... Read more »
Five additional brokerages named in California’s commission lawsuit

Five additional brokerages named in California’s commission lawsuit

Northern California’s copycat commission lawsuit, known as Grace after its lead plaintiffs, has gained five additional defendants. In an amended complaint filed on Friday, the plaintiffs’ counsel named Vanguard Properties, Twin Oaks... Read more »
Record deals and tax-avoidance maneuvers: Southern California’s priciest sales of 2023

Record deals and tax-avoidance maneuvers: Southern California’s priciest sales of 2023

Southern California’s luxury real estate market never sleeps. But this past year, it collectively caught its breath. Luxury sales slowed down in 2023 — a combination of soaring interest rates, a newly... Read more »
Santa Cruz is California’s least-affordable housing market. Are high-rises a solution?

Santa Cruz is California’s least-affordable housing market. Are high-rises a solution?

SANTA CRUZ —  You can sense it in the ubiquitous “Help Wanted” posters in artsy shops and restaurants, in the ranks of university students living out of their cars and in the outsize... Read more »