Millennials Buying Homes Before Marriage

Posted Leave a commentPosted in Millennials, Statistics

A trend among Millennials is increasing the percent of unmarried couples buying homes. They aren’t in a rush to get married, but they’re committed, and purchasing a home together is definitely a sign of commitment while being a much more time-sensitive investment. Compared to 1985, the percent of married first-time homebuyers has dropped 18%, from […]

Hermosa Beach Approves New ADU Ordinance

Posted Leave a commentPosted in Housing shortage, Legislation

On Tuesday, July 24, the Hermosa Beach City Council approved an ordinance allowing accessory dwelling units (ADUs), also called granny flats or in-law units, on residential lots meeting specific requirements. The lot must already have a single-family residence on it and must also be at least 4000 square feet. The ordinance was initially drafted with […]

3-State Plan for California to Hit November Ballot (Updated)

Posted Leave a commentPosted in Legislation

UPDATE: On July 18, 2018, the California Supreme Court ruled this proposal unconstitutional and therefore it will not appear on the November ballot. Over the course of California’s 168-year history, there have been 200 attempts to reconfigure its boundaries or secede from the union. Last month, another — a plan by venture capitalist Tim Draper […]