The Denver City Council on Monday voted 11-1 to reject a rezoning proposal that would have opened the door for a private pool to be constructed just off of West 38th Avenue in the West Highland neighborhood. A majority of council members found that that request did not meet the criteria for changing the types … Read more
Paris has unveiled new regulations tightening restrictions on holiday apartment rentals, hoping to ease a housing shortage with measures including fines of up to €100,000 (US$105,000) for breaches. France’s parliament approved a bill this month allowing cities to clamp down on short-term furnished rentals to combat a lack of affordable housing. The French capital, one … Read more
Dramatic change would be required to fix California’s homebuying affordability mess. My trusty spreadsheet compared home-price increases with income growth for 10 large California metropolitan areas using housing indexes by ICE, a mortgage-tech firm, and pay stats from the US Bureau of Economic Analysis. First, consider the estimated median house payment for these California metros. … Read more
If the city were to adopt these policies, LA would join Washington D.C., San Francisco, Chicago and Philadelphia, where similar programs are available. Subscribe to continue reading this article. Already subscribed? To login in, click here. Originally Published: November 22, 2024 at 2:01 PM PST Read original article here Denial of responsibility! Pioneer Newz is … Read more
“How expensive?” tracks measurements of California’s totally unaffordable housing market. The pain: Orange County leads the nation in price gains for luxury homes – and overall appreciation, too. The source: My trusty spreadsheet reviewed the October home-price report by First American Data & Analytics that covers 30 US metro areas, including six in California. This … Read more
Denver City Council members cut down on how many rezoning hearings they will have to preside over and brought the city into compliance — mostly — with a new state law on Monday when they voted to allow accessory dwelling units in residential neighborhoods citywide. The housing units, often referred to as ADUs, are smaller, … Read more
The defeat of Denver’s ambitious affordable housing sales tax by voters has generated plenty of reflection in the week since Mayor Mike Johnston and other supporters’ hopes for a narrow passage flickered out. Political activists, observers and even supporters say the proposal suffered from the lack of a clear spending plan that could be explained … Read more
As ballots continued to be counted, initial results for California’s 10 ballot measures showed voters roundly rejected a measure to allow cities to expand rent control and approved propositions to borrow billions for climate projects, affirm same-sex marriage and extend a tax for health care programs. They also overwhelmingly approved a high-profile initiative to toughen … Read more
Andy Balmert thought he had checked all the boxes for home ownership. He has a college degree, built up solid credit and works as a special-effects operator for a luxury hotel casino on the Las Vegas Strip. The market didn’t agree. Balmert’s search stretched for eight months as he spent countless hours on real estate apps … Read more
Many sellers are sticking with tradition and still offering buyers’ agents a 2.5% commission but flat-fee brokerages are an alternative. Subscribe to continue reading this article. Already subscribed? To login in, click here. Originally Published: October 29, 2024 at 2:48 PM PDT Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator … Read more
