Mortgage payments eat up 79% of California’s median wage – with rates at 0%
It’s hard to fathom just how unaffordable the homeownership dream has become. Industry buzz suggesting that a subtle dip in mortgage rates could make a noteworthy difference for homebuyers is somewhat misleading. Let me offer what I’ll admit is an absurd example. Think of 30-year mortgages with no i
Is it better to rent or own in California? That depends.
The debate over renting vs. owning has long posed a challenge for households in California. Arguments have morphed in recent years as home prices and mortgage rates soared beyond the increasing rents. To illustrate the complexities, we’ve created a hypothetical rent vs. buy scenario to track housing
Who will save Horton?
A beacon of opportunity when it opened in 1985, the former Horton Plaza mall now finds itself the symbol of a serious downtown slump. A 7-year-old promise — that the mall’s conversion into a mixed-use office campus would bring new life to the city’s center — is within view but firmly locked away beh
Categories
Recent Posts
LET'S CONNECT
License ID: 01975625