Mindblown: a blog about philosophy.
-
California housing to see stronger sales, rising prices in 2025
California's real estate market is expected to see a 10% increase in house sales in 2025, reaching 304,400 transactions, though it will still be one of the slowest years since the Reagan era. Median house prices are projected to rise nearly 5% to a record $909,400. Lower mortgage rates, anticipated to average 5.9%, may encourage…
-
Buying a Home in Retirement? Look for These Must-Haves!
Single-Level Layout: Avoid stairs for better mobility. Accessible Kitchen: Features lower countertops and reachable storage.
-
It’s hardest to pay off a mortgage in this Bay Area city
Pittsburgh has been identified as the easiest U.S. city to pay off a mortgage, with the lowest income-to-housing payment ratio of 16.36%. Other affordable cities include Houston, Detroit, and Cleveland, all with ratios below 19.5%. In contrast, California cities like San Jose and San Diego rank as the hardest places to pay off a mortgage,…
-
California’s Wildfire Crisis: $760 Billion Rebuild Bill
Over 1.2 million California homes face high wildfire risk, with reconstruction costs exceeding $760 billion. California FAIR Plan offers limited insurance, with major insurers retreating from high-risk zones.
-
California Seeks Public Input on Insurance Reforms
California's Department of Insurance seeks public input on reforms to improve statewide insurance availability.A virtual public hearing on wildfire modeling regulations is scheduled in September.
-
Bay Area Housing Market: Prices, Trends, Forecast 2024-2025
The Bay Area housing market remains strong, with significant year-over-year increases in median sold prices, reaching $1,386,500 in March 2024. Despite a 5.4% decline in sales compared to last year, a 31.7% month-over-month increase indicates robust buyer activity. Regional trends show varying price increases across counties, with Marin County experiencing a 22.3% rise. The market…
-
California Is Home to the Most Expensive Housing Markets
The median monthly mortgage in California is $2,673, reflecting the state's high cost of living.Four of the top five U.S. counties with the highest median home prices are in California.
-
Check out my new listing Address: 5246 S Montecito Dr Concord, 94521
-
Southern California Investor Bets on Mid-Market
A property at 989 Market St. was acquired for $13.5M, marking a major post-pandemic investment. The six-story building will be marketed as a multitenant space due to lower demand for full offices.
-
California Home Sales Forecast: 22.9% Increase in 2024
Existing single-family home sales are projected to increase by 22.9% to 327,100 units. Median home prices are expected to rise by 6.2%, reaching $860,300.
Got any book recommendations?