CAR Nonprofit Settles Housing Suit With City Of Fullerton
The organization sued the city over its failure to adopt a housing element in September 2022
The organization sued the city over its failure to adopt a housing element in September 2022
CAR reports that a small interest rate reprieve boosted the state’s home sales to its highest level in eight months
The first-time homebuyer assistance program reached capacity on Friday, with some $300 million in loans reserved
One of the state’s consistent luxury markets lost some footing in November, per the California Association of Realtors.
The median sale price, however, was up in Ventura and San Diego Counties
Year-to-date statewide home sales were down 21.2 percent according to the California Association of Realtors
Specifically, CAR notes its misguided backing of Proposition 14—a 1960s ballot initiative that overturned the state’s first fair housing law
The group also settled lawsuits with three additional cities including Laguna Hills and South Pasadena
Santa Barbara experienced the biggest decline with existing-home sales down by more than half from 2021
San Bernardino took one of the big tumbles in July despite prices remaining neutral
© 2023 California Listings, Inc.