SoCal home prices fall for sixth straight month
Home prices across Southern California have slipped for the sixth straight month, the result of increasing monthly mortgage rates. Prices in the lower half of the state fell for a sixth straight month in November, wiping out most of the price gains during the first half of 2022, the Orange County Register reported, citing CoreLogic data. […]
California utilities can be forced to pay higher property taxes than others, court rules
A state appeals court has overturned a ruling that could have cut property taxes on utility companies in California by $900 million a year, a tax burden that would have been mostly shifted to homeowners. The dispute involves property taxes on the debts faced by utilities for the funds they obtain from local revenue bonds. […]
Home Sales Slide..
Google has announced that they’ll be laying off 12,000 workers, following in the footsteps of Microsoft, Amazon, Salesforce and many other tech companies The housing market has also continued to slide, with sales volumes dropping for the 11th month in a row With the World Economic Forum being held in Davos, Switzerland this week, there […]
Home Prices Drop As Housing Market Cools In NorCal
Three California metro areas are among the housing markets “cooling off most,” according to a recent study from SmartAsset. NORTHERN CALIFORNIA — As mortgage rates rise and home sales decline, housing prices have started to drop in Northern California and across the country. In fact, home prices dropped 0.77 percent from June to July 2022, […]
SoCal home prices fall for sixth straight month
Home prices across Southern California have slipped for the sixth straight month, the result of increasing monthly mortgage rates. Prices in the lower half of the state fell for a sixth straight month in November, wiping out most of the price gains during the first half of 2022, the Orange County Register reported, citing CoreLogic data. […]