Above, closed Sears in Buena Park California state lawmakers are grappling with what to do with the growing number of shopping malls and big-box retail stores left empty by consumers shifting their purchases to the web. A possible answer in crowded California cities is to build housing on these sites, which already have ample parking […]
CA’s Failing Grade for Permits
California needs more housing, but 97% of cities and counties are failing to issue enough RHNA permits. In 2017, neighborhood leaders gathered in Long Beach to discuss a City Hall plan to address the city’s housing shortage. To increase the housing supply and stem skyrocketing residential costs, planners proposed multi-story apartment buildings line major streets and […]
Young Buyers Pick Small Towns
It’s not just something that happens in Hallmark Christmas movies. Young adults are leaving the big cities behind and opting for smaller towns to call home. More millennials and younger Gen Xers are in search of affordable housing, larger lots, quality schools, and lower costs. And since 2014, an average of about 30,000 residents between […]
Good/Bad News 2019 Inventory
It’s a good news/bad news scenario for home buyers next year, according to Realtor.com. The sort-of good news: Inventory is expected to rise nationally, but only by less than 7 percent. And most of the new listings will be high-end houses in expensive housing markets rather than property affordable to first-time buyers. More sort-of good […]