Reasons why we don't build enough housing in California Community resistance Water restrictions and lack of water to support additional population Commercial development brings in more tax revenue than residential Project reviews and CEQA delays discourage developers What are the obstacles to housing in California? Supply and demand create inflated prices and income doesn't have the chance to catch up Mortgage rates are low but buyers can't afford to pay the inflated housing

Chase Home Lending just released a study called Readying to Buy. It reveals the attitudes, preferences, tendencies and behaviors that this demographic has toward the home buying journey. The study looked to better understand Millennials’ urgency to buy a home, lifestyle adjustments they’re willing to make to prepare for that big purchase, and their general perception of home buying. The statistic that was most surprising to me was the one about limiting eating out. 71% of men

As we all know, we live in an expensive state and home buyers experience first hand how hard it is to buy a home. Unfortunately, monthly payment for an entry-level home is on the rise and the Bay Area tops the list of highest increases. The table below from John Burns Real Estate Consulting shows monthly housing costs for an entry-level home in March 2018 as well as the increase over the last year. Source: “Challenges Mount for First-Time Buyers,” John Burns Real Estate Cons