Monthly Archives: July 2018

Emerging Threats to the Housing Market

"The median selling price for an El Dorado County home last month was $520,000 with two-thirds of those sold in escrow within 30 days at 99.99 percent of the listed price. Since the first of the year a total of 1,500 homes have closed escrow in the county at the collective median selling price of [...]

2018-07-30T21:02:10-07:00July 30th, 2018|Advocacy, Local Updates|

California Housing Crisis Collides With 2020 Presidential Race

"SAN FRANCISCO — If there’s a point of universal agreement in California politics, it’s that the state’s housing crisis has spiraled to urgent proportions. But a ballot initiative designed to tackle the prohibitive cost of housing stands to fracture Democrats here, pitting some of the state’s top elected officials against one another and placing [...]

2018-07-30T15:57:05-07:00July 30th, 2018|Advocacy, Local Updates|

Editorial: Tougher Rent Control Could Mean Millions in Tax Losses

"A November ballot measure to allow more rent control of California’s housing market could cost local and state tax coffers hundreds of millions of dollars. That’s the sobering bill for Proposition 10, billed as a tenant-pleasing antidote to the state’s critical housing ills. The figure comes from the state Legislative Analyst’s Office, an independent voice in what’s shaping up [...]

2018-07-27T22:01:07-07:00July 27th, 2018|Advocacy, Local Updates|

LAO: Prop 10 May Cost the State, Communities Millions While Freezing Housing Construction

"Anyone concerned about the future of the state and local budgets should pay particular attention to what the state’s non-partisan legislative analyst had to say about Proposition 10, the ballot measure that repeals the Costa-Hawkins Rental Housing Act, including protections for tenants and single-family home owners. The Legislative Analysts Office (LA) noted Prop 10 could [...]

2018-07-27T16:56:56-07:00July 27th, 2018|Advocacy, Local Updates|