Few puts within the nation are costlier to shop for a house than California, but even right here fresh surges in house values had been astounding.
The median gross sales worth within the state has long gone up 12% over the last yr for a single-family house, bringing it to $798,440, consistent with the California Assn. of Realtors. Homebuyers, particularly first-time ones, are having to shell out increasingly in their earning and financial savings to get into the marketplace.
In this episode of “Gimme Safe haven: The California Housing Disaster Podcast,” we discuss with one first-time, millennial homebuyer about how he was once in a position to have the funds for a house. That visitor is Matt Levin, former co-host of Gimme Safe haven, who’s now a reporter for public radio’s Market. Matt purchased his area in Sacramento previous this yr, and all of us speak about how the COVID-19 pandemic is converting the call for for what shoppers need out of a house.
We additionally disclose the Avocado of the Yr, our number of California’s zaniest housing tale of 2021.
“Gimme Safe haven,”a biweekly podcast that appears at why it’s so pricey to are living in California and what the state can do about it, options Liam Dillon, who covers housing affordability problems for the Los Angeles Occasions, and Manuela Tobías, housing reporter for CalMatters.
You’ll be able to subscribe to “Gimme Safe haven” on Apple Podcasts, Spotify, Stitcher, Soundcloud and Google Podcasts.
