California
Actually, it’s probably a combination of these factors, says Bloomberg News’ Josh Barro. States that have low or no income taxes such as Texas are also more friendly to developers, resulting in lower housing costs. Trulia economist Jed Kolko found that for every 100 people who moved to California in 2011, 120 people left. Those…
Read MoreTo a real estate junkie like me, this was almost as exciting as getting a new Porsche: People are starting to get wise about Standard & Poor’s Case-Shiller report. Did you notice that numbers came out this week, Monday in fact, the news was pretty bleak IN SOME LOCALES, but no one (here, at least) freaked out? Then the…
Read MoreHomes are getting smaller and people are downsizing…are you kidding? The latest fad in home design: homes with a gazillion bathrooms. The Los Angeles Times reports California Real Estate brokers who cater to the rich say their clients are now asking for homes with at least two bathrooms for every bedroom.
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