Real estate News
The distribution of California’s human resources
California’s per capita income continued to grow in 2024. Statewide, income in 2024 grew 6.2% over the prior year, a faster pace than the 5.2% annual increase experienced in 2023. This pace of increase follows a pattern of minimal increases o...
NYC Apartments Under a Million: West Village, Midtown
Photo-Illustration: Curbed; Photo: Compass For under a million dollars, one can find all sorts of...
Mamdani Pitches Hiking Property Taxes
To plug a more than $5 billion budget gap, Mayor Zohran Mamdani sees two options: Either raise taxes on corporations and New York’s wealthiest or increase property taxes by 9.5 percent while tapping into the city’s reserves. Gov. Kathy Hoc...
A Parking Lot Conspiracy
Parking lots can be the most vanilla of commercial real estate assets, but they can be spicy when they’re at the center of a complaint about an alleged conspiracy.Criscione Meyer Entitlement, which owns six downtown Los Angeles surface parkin...
Needed Legislative Follow-Through – Foresight Dictates Prudence
What new thinking this episode introduces: Laws for consumer representation by DRE brokers need consistency. Litigation will pull in the courts to definitively establish the conduct required ...
Jobs move real estate | firsttuesday Journal
Why this matters: Informed real estate agents and brokers know jobs ultimately determine selling prices as households only pay as much for housing as their savings, income and credit score qualify them to pay.Employment plateaus California’s ...
Move-Up Buyers Are Choosing New Construction
At some point, a house that once felt perfect just… doesn’t anymore. Maybe you need more space. Maybe working from home turned your dining room into a permanent office. Maybe the layout just doesn’t match how you live now. If your current...
Abundance Kept Rents Down, But Not for Poor Tenants. Why?
Anti-poverty advocates are using some tricky math to push back on the “abundance” movement as a solution to housing affordability.A new report by the Center on Poverty and Inequality at Georgetown Law School says that in markets where devel...
