A survey released Thursday by the National Association of REALTORS® says that sellers are canceling open houses and requiring potential buyers to wash their hands and remove their shoes. The NAR survey found that nearly 1 in 4 home sellers changed how their home is viewed on the market due to the Coronavirus (COVID-19) outbreak. […]
Blokable, a startup that creates assembled smart homes, has raised $23 million in Series A funding, allowing the company to eye projects across Washington and California. Launched in 2016, the Seattle-based company’s units can be assembled into modules that can function as either tiny homes or be stacked into larger multi-family properties and hotels. The […]
Below are the July statistics for areas serviced by Citrus Valley Association of REALTORS®. Compare this to statewide statistics in the bottom figure. All information is provided to CVAR by the California Association of REALTORS®.
Over the last four years, Los Angeles house flippers have netted profits well in excess of $100,000, according to a new report from LendingHome. That high total shows why quick buying and selling is popular with many local real estate investors. Over a quarter of all flips in the state of California are undertaken in Los Angeles […]
Last week the Golden State became the first in the U.S. to require solar panels on almost all new homes. Most new units built after Jan. 1, 2020, will be required to include solar systems as part of the standards adopted by the California Energy Commission. While that’s a boost for the solar industry, critics […]
Housing is the main reason people are leaving California, according to a Los Angeles research firm. “Lower income Californians are the ones who are leaving, not higher income,” based on the U.S. Census Bureau’s American Community Survey data, said Christopher Thornberg, founding partner of the Los Angeles research and consulting firm Beacon Economics. But […]
The gap between homeowners’ and appraisers’ perceptions on the value of properties is continuing to close. While Southern California homeowners are slightly underestimating their home’s value, homeowners, in general, still tend to slightly overestimate the price of their home–but not by nearly as much as they did a year ago. Home appraisals were, on average, […]
PACE loans, which help home owners finance energy efficient upgrades to their properties, came under scrutiny during the Land Use, Property Rights, and Environment forum at the REALTORS® Conference & Expo in Orlando, Fla. Some attendees complained that the loans, which become a buyer’s responsibility if they purchase a home where the seller has not […]