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Homebuyers Have More Fresh Options Than They’ve Had in 4 Years
Homebuyers are gaining more power, with new listings jumping and demand flat. Here’s what you need to know about the housing market for the four weeks ending August 30: Fresh listings hit their highest level since August 2022. New listings of U.S. homes for sale rose 2.1% from a week earlier on a seasonally adjusted…
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Florida’s Luxury Market Pulls Away From the Pack, With Miami and Tampa Posting Double-Digit Price Increases
The luxury housing market in parts of Florida is outperforming the U.S. luxury market as affluent buyers flock to the Sunshine State, fueling high-end demand. Luxury prices in Miami and Tampa are rising faster than anywhere else in the nation. In West Palm Beach, luxury sales are rising faster than anywhere else. Please visit Redfin’s…
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Clock is ticking as LA Olympics organizers plan massive spending spree to retool venues
LA28 officials are stockpiling money and preparing to spend it fast. The organizing committee has effectively built a Fortune 500 company in Downtown L.A.
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California’s top Democrats struggle but can’t resolve the question of wildfire liability
Gavin Newsom’s late-session deal failed in the Legislature. It would have lessened liability for utilities whose equipment causes wildfires. A state Senate compromise never got a vote.
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California schools are sitting on arts money. A change in law might get them to spend it
The proposed changes aim to allay schools’ apprehension about spending their arts money granted through an initiative voters passed in 2022.
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California kills bill regulating Flock cameras even as public rage grows
The California Legislature has failed several times since 2022 to regulate technology for automatically tracking vehicles — even as examples of abuse mount. This year was no exception.
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How Silicon Valley used Main Street’s outrage against California privacy law
Senate Bill 690 promises to stop abusive wiretapping suits against small businesses. Privacy advocates warn it also quietly shields tech giants from major lawsuits.
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As California debated sharing data on drivers, Homeland Security subpoenaed 17 million records
Privacy advocates raised alarms as California lawmakers voted to share driver license information with a national nonprofit database. Then, the Trump administration sought trucker records from the organization.
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Why Trump’s demand for trucker records sets off CA privacy alarms
“We told you so.” That’s what privacy and immigrant advocates are saying about a federal subpoena to a national clearinghouse of DMV records. This summer, they tried to warn Gov. Gavin Newsom that sharing data about California driver’s license holders could put noncitizens at risk. As CalMatters’ Wendy Fry and Khari Johnson explain, Newsom’s office,…
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Homes in Highly Rated School Zones Cost 35% More Than the Average U.S. Home. But the Premium Is Much Smaller in Some Parts of the Country.
The typical U.S. home located in a highly rated school zone costs $580,000, which is 35% more than $430,000 for the typical home overall, regardless of its school zone. A household would need to earn $159,157 per year to afford a home in a highly rated school zone, roughly $41,000 more than the $117,995 needed…
