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USA TODAY

partner publisher · 2.1M followers

UC System buys a Ritz-Carlton

Good morning, California. With the midterm firmly in the rearview ( at least here in California ), here's a story from USA TODAY's Noe Padilla that's sure to pique your curiosity. The UC System's investment arm just purchased a Ritz-Carlton in tony Half Moon Bay for $193 million . And it's not the only hotel purchase in the past year. Talk about a diverse portfolio. Why? Padilla rounds up what we know so far . Here's what else is going on across the Golden State. This article originally appeared on USA TODAY: UC System buys a Ritz-Carlton

California · 4d

Hey SoCal / Civic News

partner publisher · 36.3K followers
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USC forecast: SoCal rents to rise through 2029; IE could see swiftest increases

Rents across Southern California are expected to increase through 2029, with the Inland Empire projected to experience the region’s fastest growth as apartment construction slows and housing shortages persist in several counties, according to a University of Southern California forecast released Tuesday. The USC Lusk Center’s Casden Real Estate...

Los Angeles County, CA · 3d

Stateline

publisher · 2.3K followers

Voters approve housing bond measures but reject easing lot-size and environmental rules

Voters in California, Hawaii and Rhode Island gave the go-ahead last week for bond measures aimed at boosting the housing supply and homeownership. But a California measure to cut back on the state’s decades-old environmental law to spur housing development and a Massachusetts proposal to loosen minimum lot-size rules both failed.

California · 5d
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The Money Overview

partner publisher · 76.1K followers
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California homeowners 62 and older who postpone property taxes through the State Controller pay 5% simple interest, and a state lien stays on the home until repaid

California homeowners who are 62 or older, blind or disabled can put off paying their property taxes through the State Controller’s Property Tax Postponement program, but the deferred amount grows at 5% simple interest and the state records a lien against the home until it is repaid. The Controller’s office says the program is not […] The post California homeowners 62 and older who postpone property taxes through the State Controller pay 5% simple interest, and a state lien stays on the home until repaid appeared first on The Money Overview .

California · 8d

tpgonlinedaily.com

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City Raises Recreation Fees, Cuts Garden Rates

The Scotts Valley City Council approved a fee increase for renting community buildings, park gazebos, sports fields and courts at their Oct. 21 meeting. The new rates take effect Jan. 1. Most building rental rates will rise about 4%, while many field and court rentals will increase by $1 an...

Scotts Valley, CA · 6d

westsidestorynewspaper.com

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California Big-City Mayors Want At Least $1 Billion In State Funding to Fight Homelessness

The bipartisan California Big City Mayors coalition called on the next governor and Legislature to guarantee at least $1 billion annually in homelessness funding, expand mental health treatment and rein in litigation costs straining municipal budgets during an Oct. 30 summit at Riverside City Hall. With affordable housing at the...

California · 7d

Yahoo!

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Voters approve housing bond measures but reject easing lot-size and environmental rules

Voters in California, Hawaii and Rhode Island gave the go-ahead last week for bond measures aimed at boosting the housing supply and homeownership. But a California measure to cut back on the state's decades-old environmental law to spur housing development and a Massachusetts proposal to loosen minimum lot-size rules both failed.

California · 5d

tricityvoice.com

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Centerville Plaza breaks ground on affordable housing

Winter rains are on their way, but Fremont is already well into the season for growing affordable housing developments around the city. On Wednesday, Nov. 4, developers and city officials broke ground on Centerville Plaza, located at the intersection of Fremont and Peralta Boulevards. The development is one of six started this year.

Fremont, CA · 5d

liveinsurancenews.com

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California Just Made It Easier to Buy a New Home — And the Insurance Problem May Already Be Solved

California voters just passed something that could genuinely change the math on homeownership. Proposition 37, approved on November 3 with 61% of the vote, authorizes the California Housing Finance Agency to issue up to $25 billion in bonds to help middle-income buyers purchase newly built homes. Governor Gavin Newsom endorsed...

California · 8d

spectrumnews1.com

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Proposition 37 to offer down payment assistance for some California homebuyers

SACRAMENTO, Calif. — For many Californians, buying a home feels like a far-off dream, with the median home price statewide sitting at just under $900,000, according to the California Association of Realtors. A measure just approved by California voters makes the initial down payment easier for some buyers, according...

California · 6d

arizonadigitalfreepress.com

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A court-ordered sale is sometimes the cleanest exit from a co-owned house

Your sibling won’t answer your texts, your ex won’t sign a listing agreement, and the house on Marengo holds a mortgage plus forty years of family memories. You’ve offered a buyout. You’ve offered a clean split. Every suggestion died in the group chat. Here’s the part...

Pasadena, CA · 5d

San Francisco Chronicle

partner publisher · 35.8K followers

‘It’s like Facebook again’: How AI IPOs could further upend the real estate market

So far, demand has risen mostly in neighborhoods and cities that were already exclusive. Some say that could change.

San Francisco, CA · 5d

San José Spotlight

partner publisher · 14.4K followers

Bramson: Voters have spoken, but California’s affordability crisis remains

For a family in San Jose struggling to pay $3,000 a month in rent, the results of the Nov. 3 election probably won’t change much about next month’s bills. Neither will they shorten the commute of a worker traveling two hours each day because living near their job is simply too expensive. And for someone facing eviction, the promise of future housing construction offers little comfort when the rent is due tomorrow.

California · 5d

DMR News

partner publisher · 4.2K followers

Most Trusted Real Estate Agents Across California Showcased by FireHorse Media

The series was developed to highlight real estate professionals working throughout several of the state’s active residential markets, including the San Francisco Bay Area, Newport Beach, San Diego, Redding, and Los Angeles. The initiative focuses on agents with established local experience, client service records, market knowledge, and professional roles within their respective communities. California continues […]

Los Angeles, CA · 7d

LAist

partner publisher · 18.6K followers

Californians vote to keep environmental protections, even with the red tape

Backed by business groups, Prop. 45 would have put deadlines on environmental reviews and lawsuits for housing, water, broadband and transit projects.

California · 6d

CBS 8

publisher · 100.3K followers

California voters approve Proposition 37 home loan program

California · 7d

CBS 8

publisher · 100.3K followers

Californians pass Prop 37, approving bonds for home loan program for middle-income buyers

California · 7d

machronicle.com

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The Atherton Train Station’s Second Life

For nearly a century, Atherton’s train station served as a connection between the town and the rest of the Peninsula. After Caltrain announced the end of its service in the town in 2020, the station’s future became uncertain. On Oct. 18, the previous station reopened its doors, this time as a museum dedicated to preserving the town’s railroad history.

Atherton, CA · 7d

The Sacramento Bee

partner publisher · 142.7K followers

Ballot measure to streamline environmental permitting for building projects fails

California voters have rejected Proposition 45, a bid by the California Chamber of Commerce, home-builder consortiums and some affordable housing advocates to streamline the permitting process for certain building projects through the California Environmental Quality Act. Polls had shown voters closely split over the measure leading up to Election Day, and it took several days of ballot counting for the Associated Press to call the race at 5:34 p.m. Saturday with an estimated 76% of votes counted. About 56% of voters opposed Prop. 45 and about 44% had cast a yes vote. The measure needed a majority to become law. Though on first blush it appeared a ballot measure deep in the weeds of environmental policy, Prop. 45 led to one of the more contentious ballot fights in this election cycle . Environmentalists, labor unions and public health organizations were at the heart of what ultimately became a sprawling coalition against the measure, while a wide range of business and agricultural interests, particularly the California Building Association, supported the campaign in favor. Proponents argued Prop. 45 was what the state needed to jumpstart an era of construction that would ease its cost of living and housing crises. Opponents accused the

California · 7d

Realtor.com News & Insights

partner publisher · 29.8K followers

California Passes New Housing Bonds and Down Payment Assistance Program

Three housing-focused measures were on the ballot in California.

California · 8d