We’re Influencing California State Legislation and Housing Affordability
It’s all about housing affordability in California. We along with 2,498 fellow REALTORS® ascended upon our state capital, to discuss our clients needs to improve the home buying and selling landscape for all our neighborhoods. It get’s down to affordability.
The Citrus Valley Association of REALTORS® Senior Staff, Committee representatives along with a few local, hand picked REALTORS® headed the legislative and lobbying initiative to the steps of our states capital. We were blessed to be chosen as your local representatives.
As it stands, California requires 180,000 new home starts per year to manage supply and demand. Today, we have less than 90,000 starts scheduled. This is one of our primary concerns on our push for legislation.
The high cost to a builder in California hit home for us in Upland, Claremont, Pomona, Glendora and surrounding neighborhoods. What was revealed is the builders fees of upwards of $120,000.00 “per door” before a shovel hits the ground. These fees are associated with exorbitant legislative regulations imposed on new home builders. This bureaucracy is out of control.
Riverside Press Enterprise Editor, Richard K. De Atley wrote of this concern in a recent article Are Inland Empire residents locked out of the housing market? This article asserts the concerns that we hear from our buyers daily as their REALTORS®… “homes are too expensive”, “we don’t qualify with our combined income” and “where are the new builds?”. We asserted your concerns with our legislators and pleaded the realities of the housing affordability crisis.
The bills that reach The Governors Desk for signature begin with your needs in our neighborhoods. We are currently in the planning process of bringing local housing affordability initiatives to our valley’s Senators and Assembly persons.
We need you to assist us in influencing these future referendums, please contact us directly @ (909)985-9392.
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Treasury Launches New Mortgage Help for Unemployed in July
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Fed's Take Over Arrowhead Credit Union After Reporting Inaccurate Gains
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Former Mortgage Exec Plead Not Guilty To Steal Bail Out Money!
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To Move Forward….Stop Looking Over Your Shoulder!
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Housing's Powerhouse Lobbyists
Senate and House Passed Home Buyers Tax Credit; Off to The President
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Home Tax Credit Still Has A Chance!
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Bank Of America Doing "Everything Possible" To Approve Short Sales and Avoid Foreclosure
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Sellers Doing Rent Back From Buyer…Is There A Problem With That?
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Strategic Defaults Up 53% From One Year Ago
Are We In Early Stages Of The Third Depression? Housing Market, Unemployment,Government Deficit
Recessions are common; depressions are rare. As far as I can tell, there were only two eras in economic history that were widely described as “depressions” at the time: the years of deflation and instability that followed the Panic of 1873 and the years of mass...
Napa Wineries Part of $269 million Sale-Lease Deal…We're Doing This for Homeowners
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