By Summer Lin
Rob Leonard, 34, with his cat Jonesy, in his apartment in Santa Monica where he has lived since 2013. His rent will rise $100, to $1,764.
By Soumya Karlamangla
San Diego, Marin County, San Bernardino County and more have approved rules this year to restrict short-term rentals.
By Edward Smith
Aralyn Tucker outside of her condo in Natomas on June 11, 2022. Photo by Julie Hotz for CalMatters
First-time buyers often rely on family gifts to afford the down payments on their homes. Now California Legislators want the government to fill the role of generous relative.
By Edward Smith
Aralyn Tucker outside of her condo in Natomas on June 11, 2022. Photo by Julie Hotz for CalMatters
First-time buyers often rely on family gifts to afford the down payments on their homes. Now California Legislators want the government to fill the role of generous relative.
By Mitchell Hartman
Kai Ryssdal: There’s a report out today from the Congressional Oversight Panel for the TARP, the bank bailout. It says the Obama Administration’s mortgage modification program, with the handy acronym of HAMP, is falling short. The White House had hoped to keep 3 to 4 million families from being foreclosed upon — now it’s looking more like 700,000 at best.
By: Jack Witthaus
Developers See Potential in Former Shopping Sites Across the U.S.
Pomona is almost as expensive as Santa Monica by some measures
By Hanna Kang
By Andrew Khouri
If you’re like the vast majority of Southern Californians, you’ll have to take out a mortgage to buy a home. It will almost certainly be the largest sum you’ve ever borrowed, an order of magnitude more than your last car loan or your most extravagant credit card purchase.
Mortgages aren’t just bigger loans. They also involve more complicated choices than other forms of credit, forcing you to make bets on what the economy and your finances will look like years into the future.