Monday , October 25 2021

Real Estate

Home prices climb nearly 10 percent

median priced home

Home prices nationwide were up 9.2 percent in December, the largest year-over-year gain in nearly seven years, according to a report. Despite COVID-19, the U.S. housing market performed well in 2020, as low-mortgage rates convinced many first-time buyers to enter the housing market, Irvine-based CoreLogic reported Tuesday. Still, the pandemic …

Read More »

Newsom signs rent relief bill

Gov. Gavin Newsom has signed into law Senate Bill 91, which gives financial assistance of up to 80 percent of unpaid rent accrued due to COVID-19. The relief, available to qualifying housing providers and tenants, will be paid for with federal funding: The Congressional relief package that then-President Donald Trump …

Read More »