The Median Home Price In California Now Exceeds $600,000

The median price for a home in California has topped the $600,000 mark for the first time ever, according to the latest report from the California Association of Realtors.

You can blame the Bay Area and other red hot high-cost areas for the increase. There are now five counties out of the nine-county Bay Area where ...Read More

Judge Holds that BLM Must Set Aside 13 NM Oil and Gas Leases

On Thursday, U.S. District Judge M. Christina Armijo found that the U.S. Bureau of Land Management (“BLM”) must set aside 13 oil and gas leases covering approximately 20,000 acres of the Santa Fe National Forest. Specifically, Judge Armijo found that BLM’s greenhouse gas analysis was insufficient, and set aside the BLM’s finding of no significant ...Read More

L.A. County Land-Use Plan Overcomes Enviro Objections

On June 19, a California appellate court upheld LA County’s approval of a new 1,800 acre land-use plan, rejecting the argument that additional environmental assessment was warranted. The County approved the new plan as a “modification” to the existing 2015 Antelope Valley Area Plan, and stated that the changes weren’t significant enough to require an ...Read More

Opinion: Rent Control Would Do Major Harm to Sacramento’s Future

Excerpt (Full Article HERE) From Comstock’s Magazine:

Rent control discourages owners from maintaining and improving their property and discourages builders from building more housing units — and drives them to make investments elsewhere. Renters, like me, would be stuck in our old apartments with virtually no choices to move within Midtown or downtown. Construction sites would ...Read More