State Farm will not renew coverage for homeowners across 72,000 properties in California, marking a significant development in the state's ongoing insurance crisis. The insurance giant's announcement comes amid mounting challenges faced by homeowners, with State Farm revealing plans to cease... more
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For many individuals, the decision to buy or sell a home represents one of the most significant financial undertakings they'll ever face. It's a multifaceted process that involves navigating through various complexities, from securing a suitable down payment to navigating fluctuating interest rates... more
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Airbnb recently announced a significant update to its security camera policy, aiming to streamline regulations and prioritize the privacy of its community members. The company has decided to prohibit the use of indoor security cameras in properties listed on its platform. Previously, Airbnb... more
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Last week saw a slight decrease in mortgage rates, resulting in a consecutive two-week surge in mortgage demand. Compared to the previous week, total mortgage applications rose by 7.1%, according to the Mortgage Bankers Association's seasonally adjusted index. On average, the contract interest... more
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Recent sales data from the California Association of Realtors reveals a robust rebound in home sales and inventory in California at the start of this year, following months of subdued activity. In January, there was a notable 14.4% increase in the number of homes sold compared to December,... more
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Following the U.S. Federal Reserve's recent announcement of maintaining interest rates, pending home sales experienced an 8 percent decline, marking the most significant drop in four months. Contributing to this downturn were escalating median sales prices, which rose by 5.4 percent year over year... more
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Mortgage demand witnessed a notable downturn last week, signaling a shift in the market dynamics that had been on an upward trajectory in preceding weeks. The Mortgage Bankers Association's seasonally adjusted index reported a 7.2 percent drop in mortgage applications for home purchases compared... more
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If you're a first-time homebuyer in Long Beach, you're in luck! The city is offering grants of up to $25,000 to assist with the purchase of your dream home. Enter the city’s First-Time Homebuyer Assistance Program, a fantastic initiative tailored to support low- and moderate-income families who... more
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