State Farm gets California nod to hike homeowner policies 17%
California on Tuesday approved a 17% emergency rate hike for State Farm after the state’s largest insurer made an emergency request following January wildfires that devastated two Los Angeles communities.Insurance Commissioner Ricardo Lara’s endorsement means the emergency rate hikes, a first for th
$218,000 income needed to buy a California home, up 82% since 2019
The annual income required to purchase a typical California house has nearly doubled over the past five years.To see how homebuying burdens have multiplied, my trusty spreadsheet compared the California Association of Realtors’ homebuying affordability report for the first quarter of 2025 with the f
San Diego rents falling in some areas
San Diego average rents are essentially flat, or dropping in some cases, as the apartment construction boom continues.Average rent in San Diego County in early May was $2,520 a month, rising 0.3% over the past year, said real estate tracker Costar. That was lower than the nationwide increase of 1.1%
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