Category: Uncategorized
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$100 million raised to revitalize East Oakland
Rise East has raised $100 million to revitalize East Oakland, with $50 million from donors and a $50 million match from Blue Meridian Partners. The funds will support affordable housing, wellness centers, and commercial corridors over five years, aiming to empower the predominantly Black community and create lasting positive impact. Leaders emphasize collective effort and…
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Happy Father’s Day
Approximately 2.5 billion Father's Day cards are sent each year. Neckties have become a popular traditional gift for Father's Day. "World's Greatest Dad" is a popular Father's Day phrase. Breakfast in bed is a common Father's Day treat. Wishing a fantastic Father's Day to all the dads who strive to be the best versions of…
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Happy Flag Day
Flag Day is the American flag's birthday party every June 14th! Flag Day was proclaimed in 1916 but officially recognized in 1949. Talk about a late celebration! Betsy Ross, a seamstress, sewed the first flag. Imagine if designers today made flag-inspired outfits!
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Housing Shortage Tracker: A Forward-Looking Perspective on Housing Supply
Housing inventory is rising, improving affordability in major U.S. markets, but sustained construction and job growth are needed to meet demand. By early 2025, 96% of tracked metros narrowed the housing supply gap, with notable improvements in California and other areas. Urban Honolulu still faces the largest shortage, though it improved from last year. Anchorage…
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How Developers Can Help Address California’s Housing Crisis
California needs 2.5M new homes by 2030, but only 80K homes are built annually. Densification, including ADUs, can increase housing supply without needing additional land.
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What California Can Learn From Texas to Solve Housing Crisis
California renters and homeowners face skyrocketing costs, with 40% of homeowners spending over 30% on housing. Why does Texas thrive while California’s prices soar? Austin’s secret is simple: build more homes.
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Bay Area Housing Market Forecast: What’s Next?
↓5.2% projected decline in Bay Area home values between April 2025 and April 2026 according to Zillow. Gradual market correction is expected rather than a sudden crash.
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Billionaires Flock to Bay Area’s Wealth Hub
Over the past decade, the Bay Area’s millionaire population ↑ 98%. The Bay Area is now home to 82 billionaires, leading global wealth hubs.
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California: States With High Housing Costs in 2025
In 2025, housing affordability remains a major issue across the US, straining household budgets. New data shows that in several states, housing costs now exceed 50% of avg household income, well above the 30% affordability threshold. In California, rising property values have pushed housing costs to 46% of avg household income. Both homeowners and renters…
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California Housing: Crash or Correction Ahead?
California housing inventory is rising sharply while home sales remain sluggish, echoing pre-2008 trends. Stricter lending standards and a stronger job market reduce the risk of a 2008-style crash.