You need a $73,000 pay raise to buy Southern California’s median-priced home
The theoretical homebuyer's income requirement in 2023's final quarter was $207,000 vs. $134,000 two years earlier.
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1 million Southern California homes have long-term flash flood risk
Such dangers are faced by 21% of all local housing, according to CoreLogic math.
Southern California home sales drop 43% in 2 years, biggest decline on record
Only 384,515 residences sold in the region over those 24 months. That's the slowest two years on record, even below the Great Recession's 2008 low.
Final rain tally: Orange County’s wettest spots from 5 days of atmospheric river
The median rainfall at 61 measurement sites was 5.15 inches with 14 collections topping 6 inches.
Why are California pay raises now bigger in the south?
California pay raises have taken a decided north-south switch.
Updated rain map: Orange County’s wettest spot from ‘Pineapple Express’ of Feb. 1-2
The day-plus-long rain brought a median rainfall of 1.38 inches to 60 OC measurement sites.
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Fed can’t fix 27% surge in California grocery prices
The goods in the shopping basket that cost $100 in 2019 now ring up at $127.
California consumer confidence starts 2024 at 7-month high
Yet overall consumer confidence is down 8% vs. the pre-pandemic 2018-19 average.
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Best mortgage rate forecast: Expect volatility in 2024
Some simple math suggests the average 30-year mortgage rate will run between 7.3% and 5.9% in 2024.
Irvine Co. finds fields for offices fertile for housing
Irvine Co.'s wants to put as many as 1,200 rentals on an office-park site currently zoned for commercial purposes.