California ranks among the most expensive states for middle-class living, with rising costs year over year.
SmartAsset reports that middle-class income requirements in California vary widely, ranging from $63,674 to $190,644.
California home prices ↑ 70% in a decade and are expected to keep increasing by 2030.
Multifamily housing demand is projected to ↑ 50% due to affordability and zoning changes.
Santa Clara County agencies are worried about potential federal staff cuts and budget uncertainties, which could increase homelessness. HUD plans to halve its workforce, impacting grant dispersals and housing voucher payments. The county depends on $48 million in Continuum of Care grants. With nearly 10,000 homeless individuals, funding cuts could worsen the situation, risking housing assistance for thousands.
Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed.
It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market!
Dream on… Happy April Fool’s Day!
Buying your first home can be both exciting and daunting. First-time buyers should consider various mortgage options, including conventional loans with down payments as low as 3%, FHA loans at 3.5%, and VA loans with no down payment. It's essential to budget for down payments, closing costs (2-6% of the loan), and moving expenses. A mortgage preapproval can strengthen your buying position. Research neighborhoods, understand your long-term needs, and consider home inspections to avoid future issues.
California’s housing market has a 33.1% chance of a 5% price drop over the past 25 years, higher than the US avg of 26.4%.Home prices ↑ 315% since 2000, compared to ↑ 196% nationwide.
Nowruz is a 3,000-year-old festival, making it one of the oldest in the world.
Haft-Sin is a Nowruz table, featuring 7 symbolic items, all beginning with "sin" and representing different aspects of life.
Nowruz celebrated by over 300M worldwide, including Iran, Afghanistan, Tajikistan, Uzbekistan, Azerbaijan, and many more.
Nowruz is a time for forgiveness and visiting loved ones to exchange gifts and good wishes.
The wind whispers of a safer and happier year ahead. Happy Nowruz!
California’s commercial building market will grow at 2.53% CAGR, reaching $193.9B by 2034.
Market growth is driven by sustainability, smart buildings, flexible workspaces, e-commerce, and mixed-use developments.
St Patrick's Day is the day we all turn a bit Irish.
13 million pints of Guinness are consumed worldwide on St. Patrick's Day.
Green is now the traditional color of St. Patrick's Day.
Research local fire history, hazard maps, and water sources before buying a home in wildfire-prone areas.
Choose fire-resistant materials like metal roofs and ember-proof vents to defend against wildfire embers and flames.