Posted inLocal News

California is losing population and building new houses. When will prices come down?

THIS MONTH CALIFORNIANS worried about the cost of housing were offered the rarest of gifts: a glimmer of hope. New numbers released by the Newsom administration show that California added homes to its housing stock at a faster clip than any time since the Great Recession — 123,350 additional units, or an increase of 0.85 percent.   […]