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New CA Law Gives Tenants, Housing Groups & Local Gov’t First Crack at Buying Foreclosures

According to Mortgage News Daily, a new California law taking effect on January 1st will seek to hinder a repeat of the 1000’s of single-family homes that converted from ownership to rental properties during the “Great Recession.” Continue reading HERE...

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Nationwide Median Lot Sizes Just Under 1/5 Acre

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New Home Sales Down 19.4% from 2020

The U.S. Government is reporting that sales of new single-family houses in June, 2021 were at a seasonally adjusted annual rate of 676k, which is 6.6% lower than May’s revised rate and is 19.4% lower