California

Guaranteed Rate Affinity promotes Lacey Sullivan

Guaranteed Rate Affinity promotes Lacey Sullivan

Guaranteed Rate Affinity, a joint venture between Guaranteed Rate Inc. and Anywhere Integrated Services, announced Thursday that it has promoted Lacey Sullivan to regional manager for Northern California. In the role, Sullivan is tasked with overseeing the region’s leadership team, guiding growth initiatives, support for recruiting and development efforts, and leading engagement with Anywhere brand Coldwell Banker. In […]

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Impact of climate-fueled disasters seen in insurance, real estate data

Impact of climate-fueled disasters seen in insurance, real estate data

Point-Aux-Chenes, Louisiana, after Hurricane Ida in 2021.Bloomberg News Climate change-driven disaster risks are having a measurable impact on property insurance rates and home values, according to a recent National Bureau of Economic Research paper. Processing Content In a paper released in June 2024 and revised last month, academics Benjamin Keys and Philip Mulder say their

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Housing affordability dominates California gubernatorial race

California has made significant efforts to address housing affordability through numerous new laws under Gov. Gavin Newsom. Candidates seeking to replace the term-limited Newsom, however, act as if little has been accomplished. The laws lacked swift, decisive enforcement to push the affordable goal, according to California billionaire Tom Steyer, a former presidential candidate and the

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California infill builder turns idle lots into housing in land-constrained coastal markets

Coastal California, with its high property costs, unique geography, and acute local political and physical land-use constraints, presents among the most challenging market dynamics for homebuilding. Amid these difficulties, there are also opportunities to repurpose underutilized land in innovative ways.  Converting parcels that are hard to entitle and develop is a homebuilding secret-sauce skillset, capable

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High-end metros see price drops, longer selling times

Pricier metropolitan areas are posting a noticeable slowdown as high-end homes take longer to sell. The top 10% of metro markets — those with median prices above $666,464 — recorded a 2.5% year-over-year price decline in October, HousingWire Data shows. Average home prices in these metros fell from $1.04 million to $1.01 million, marking a

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Greystar reaches $7M settlement in rent-setting lawsuit

A $7 million settlement agreement with Greystar Management Services was announced by California Attorney General Rob Bonta — part of a coalition of nine state attorneys general pursuing antitrust claims tied to RealPage software. The settlement requires Greystar to stop using software that employs competitively sensitive information to align rents and to cooperate in the

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Cooling home prices, stable inventory as buyers gain leverage

The U.S. housing market continues to show signs of cooling as listing prices ease and inventory levels remain steady, according to most recent HousingWire data. As of Nov. 14, the median list price stood at $429,900, while new listings are entering the market at a median of $395,000. Homes are spending an average of 118

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Foreclosure activity up nearly 20% in October

ATTOM released its October 2025 U.S. Foreclosure Market Report, showing 36,766 properties with foreclosure filings — including default notices, scheduled auctions or bank repossessions — a 3% increase from September and more than a 19% increase from a year ago. October marked the eighth straight month of year-over-year foreclosure activity increases, with completed foreclosures up

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Industry, advocates react to California’s proposed insurer solvency rules

Industry, advocates react to California’s proposed insurer solvency rules

Takeaways: Large insurers would have to assess and disclose climate risks Proposal requires risk projections for next three decades Advocates want more risk mitigation efforts and disclosures California insurance commissioner Ricardo Lara’s proposed Long-Term Solvency Regulation, announced October 28, has insurers criticizing its provisions while consumer advocacy groups call for more disclosures and climate mandates.

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San Diego sellers hold firm on pricing as homes linger 50% longer than last year

San Diego-Carlsbad-San Marcos metro homeowners are betting on patience over price cuts, maintaining a $1,225,000 median list price even as properties take 63 days to sell, a 50% jump from 42 days a year ago. The standoff between sellers and buyers has created a notable slowdown in market velocity, with only 369 homes absorbed weekly

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