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  2. California is building fewer homes. The state could get even ...

    www.aol.com/news/california-building-fewer-homes...

    Across California and the nation, developers moved to start fewer homes in 2023, a decline some experts say could eventually send home prices and rents even higher as supply shortages worsen.

  3. California housing shortage - Wikipedia

    en.wikipedia.org/wiki/California_housing_shortage

    This shortage has driven home prices and rents to extremely high levels. In 2017, the median price of a home in California was more than 2.5 times the median in the U.S. as a whole, and in California's coastal urban areas, the shortage was greater than the inland areas, as demonstrated by the median prices of homes in those respective markets: $1.3M in San Francisco, $1M in San Jose, and $600k ...

  4. Inside Oprah Winfrey's Massive Real Estate Portfolio

    www.aol.com/lifestyle/inside-oprah-winfreys...

    Practically the queen of Montecito, Winfrey increased her California real estate holdings by purchasing a four-acre property for $6.85 million from actor Jeff Bridges in late 2019. The Spanish ...

  5. 1978 California Proposition 13 - Wikipedia

    en.wikipedia.org/wiki/1978_California_Proposition_13

    United States portal. v. t. e. Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process. The initiative was approved by California voters on June 6, 1978 by a nearly two to one margin.

  6. California Department of Real Estate - Wikipedia

    en.wikipedia.org/wiki/California_Department_of...

    The California Department of Real Estate ( DRE) is a California state agency focused on safeguarding and promoting the public interest in real estate matters through licensure, regulation, education, and enforcement. Employees headquartered in Sacramento and in district offices in Oakland, Fresno, Los Angeles, and San Diego carry out the DRE's ...

  7. 2000s United States housing bubble - Wikipedia

    en.wikipedia.org/wiki/2000s_United_States...

    The 2000s United States housing bubble or house price boom or 2000s housing cycle [2] was a sharp run up and subsequent collapse of house asset prices affecting over half of the U.S. states. In many regions a real estate bubble, it was the impetus for the subprime mortgage crisis. Housing prices peaked in early 2006, started to decline in 2006 ...

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