State Farm, Allstate stop selling home insurance to new customers in CA

by rb | Jun 8, 2023 | California Real Estate Press, Ventura County Real Elestate Press

CAR.ORG | March 27, 2023 – State Farm and Allstate have announced they will no longer sell new home insurance policies in California because of wildfire risks and an increase in construction costs. Here are some facts:State Farm and Allstate are not leaving the...

April Home Sales and Price Report

by rb | May 25, 2023 | California Real Estate Press, Ventura County Real Elestate Press

CAR.ORG | Higher mortgage rates and low housing inventory restrain California home sales in April, C.A.R. reportsStatewide median home price ratchets above $800,000 for first time in six months.Existing, single-family home sales totaled 267,880 in April on a...

Market Minute Write-Up March 27, 2023

by rb | Mar 28, 2023 | California Real Estate Press, Ventura County Real Elestate Press

CAR.ORG | March 27, 2023 – While home sales and employment in California continued to march forward in February, recent banking turmoil has increased uncertainty on many fronts, including the housing market.  Despite declines in long-term yields, ongoing...