LOS ANGELES, Calif.—Councilman Mike Bonin’s initiative began June 28 to offer a voluntary path to permanent housing for all people living in encampments along Ocean Front Walk in Venice. St. Joseph Center outreach teams were scheduled to offer housing, shelter and services to the people who live in the boardwalk encampments, which have grown amid…
Effort Begins to Offer All Boardwalk Campers a Pathway to Permanent Housing
June 28, 2021
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Western US Home Prices up 19 Percent Since 2019
June 23, 2021
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Commentary Home prices across the Western U.S. continue to skyrocket. The median price for a single-family home in the region reached $502,300 in May, according the National Association of Realtors. It represents an increase of $81,000—or 19.2 percent—from the 2019 median price. Unsurprisingly, home prices in the West are up 17.7 percent from the year-ago…
Time on Market for Typical US Home Drops to Just 6 Days: Report
A new report from real estate listing firm Zillow shows that, while the for-sale housing inventory ticked up slightly in May after falling for nine months straight, the typical time of a home on the market fell to just six days and prices hit record highs. “May brought a long-awaited bump in inventory nationwide, though…
Officials Question Methods Used to Determine California Housing Quotas
Changes to the way state-imposed zoning quotas for new housing units are calculated have created unnecessarily high allotments throughout Southern California, critics say. The changes, made “behind the scenes” in 2019, have tripled the number of homes required to be built in the Southern California region over the next eight-year cycle to more than 1.3…
Soaring Lumber Prices Driving Up Construction Costs May Have Peaked
OTTAWA—While lumber prices nearly doubled earlier this year compared to what they were at the start of the pandemic, driving up the cost of new homes and renovations, the peak may have passed. After reaching around $1,600 per thousand board feet, the standard industry measurement, lumber prices have dropped by about $400, says Joel Neuheimer,…
When Is the Best Time to Sell Your Home?
This question comes up at least once a week: People always want to know when the optimal time is to sell their home. The best time is when inventory is exceptionally low and demand is exceptionally high. It all goes back to supply and demand. When there is strong interest and very little to choose…
Where Would I Move and Why?
Times have changed, and people don’t move around like they used to. It’s a big commitment to sell your home and move somewhere else, and it can be very expensive. One of the big fears people have is selling their home and not finding another in time to meet the escrow period. Another is that…
New Orange County Facility Bridges Mental Health Divide
June 12, 2021
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When Dr. Richard Afable set out to address mental health in Orange County, California, he was aiming for a cohesive effort that paired city resources with the surrounding community. More importantly, he wanted a place where all types of people, of all income levels, would feel comfortable seeking out help, without judgment. Thus Be Well…
LA County Focuses on Homeless Women and Families on Skid Row
June 9, 2021
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LOS ANGELES—The Los Angeles County Board of Supervisors voted June 8 to seek more money to support an effort to house more than 600 women and families living on downtown’s Skid Row. Supervisors Hilda Solis and Holly Mitchell recommended stepping up to assist the Downtown Women’s Center with its “Every Woman Housed” plan for the…
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Orange County House Prices Could Drop 15 Percent by 2023
Commentary Chapman University is predicting a 10-to-15 percent drop in the median price of detached singled family homes in Orange County, Calif., by mid-2023. Faculty from Chapman University’s A. Gary Anderson Center for Economic Research presented on June 16 the institution’s economic forecasts for the nation, state, and Orange County. It expects rates on new…