New Bill Could Create Affordable Middle-Class Housing for Californians

New Bill Could Create Affordable Middle-Class Housing for Californians  A new bipartisan bill could create more affordable housing for middle-class families across California.  If passed, AB 1287 would expand the California Density Bonus Law. Developers could receive density bonuses if they create affordable middle-income housing. Link to Article SHARE ARTICLE ON SOCIAL

Mortgage Demand Jumps, as Interest Rates, Drop to Lowest in Months (cnbc.com)

January 2023 – Mortgage Interest Rates Decline, Demand Jumps Check out this article from cnbc.com. Mortgage interest rates appear to have peaked in late 2022 and have been declining or holding steady since. If declining rates continue in 2023, increased market activity will surely follow. Tap the link for more details. Mortgage demand jumps, as…

NAR’s Yun Says Housing Market Doing Well, May Normalize in 2022

The outlook for the residential real estate market, which performed exceptionally well during the height of the pandemic, continues to be promising.