There’s an uptick in housing inventory in these 10 metros, but don’t expect price relief

~ I was in a meeting where they were discussing this and it was stated that there has been 80,000 units built or put into production to have built this year. What is needed to maintain normal growth is 180,000 units. so we are behind. Plus there were a few dead years in the recession … Continue reading There’s an uptick in housing inventory in these 10 metros, but don’t expect price relief

Why High-Flying U.S. Home Prices Seen Getting Another Jolt

Why High-Flying U.S. Home Prices Seen Getting Another Jolt The U.S. housing market’s storyline for the last several years has been one of steady demand and limited supply, pushing prices ever higher. Now, a new chapter has opened up for the industry and its customers: soaring costs for building materials. Reports on Tuesday underscored both … Continue reading Why High-Flying U.S. Home Prices Seen Getting Another Jolt

San Francisco Wins the Homebuilding Race

~good for them!~ San Francisco Wins the Homebuilding Race San Francisco has been known to have an acute shortage of housing inventory. But the Golden Gate City surprised its critics by nearly doubling its historic average number of permits for new homes in its efforts to combat its affordability crisis, according to a study by … Continue reading San Francisco Wins the Homebuilding Race

Tax plan threatens California’s affordable housing package

Tax plan threatens California’s affordable housing package As the final details of the 2018 tax changes slowly emerge from the rush of activity, one seldom talked about piece of the deal exists that endangers California’s pipeline for affordable housing. Earlier in 2017, California’s legislature approved a bond measure to allocate $4 billion to several programs … Continue reading Tax plan threatens California’s affordable housing package