Month: November 2023

Jeff H. RIP

I heard from Jeff's wife today that he lost his long battle with cancer last night. He was among the most dedicated of my blog followers, and regularly chimed in with words of encouragement because he appreciated what I do - he was a retired broker from LA. Here's the...

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Inventory Watch

Historically, when home prices went up, more people would list their house for sale to cash in. But now it's the opposite: NSDCC Number of Detached-Home Listings Jan 1 to Oct 31 Year # of Listings % YoY diff Median LP % YoY diff 2018 4,404 - $1,499,000 - 2019 4,341...

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AB 1033 ADUs

AB 1033 is the latest state law designed to develop a market for ADUs, and thus lessen California’s grinding housing crisis. However, past legislative attempts have not met with much success. In 2021, the legislature passed SB 9, which allowed homeowners to split...

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