The California housing market sizzled last year to break all records. It was a hot seller's real estate market. According to Zillow, at the state level, California's housing market remains the most valuable in the country, with a total value of $9.24 trillion in December, accounting for more than a fifth – 21.3 percent – of the national total. However, California's overall value growth of $1.38 trillion in 2021 represents "only" 20.1 percent of the overall national growth of $6.9 trillion – somewhat "underperforming" by about...
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March
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California REALTORS® urge Gov. Newsom to focus on homeownership after omitting in State of the State address
For release:
March 8, 2022
California REALTORS® urge Gov. Newsom to focus on homeownership after omitting in State of the State address
LOS ANGELES (March 8) – CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) President Otto Catrina today issued the following statement after Gov. Gavin Newsom's State of the State address:
"The State of the State will not improve until California acts to dramatically increase the supply of ownership housing to provide working Californians the stability and prosperity that homeownership provides.
"Working Californians today are excluded from the benefits of homeownership that middle-class Californians once took for granted. California's overall homeown...
