California’s light-speed housing boom driven by FOMO

In January, California beat an almost 18-year record for a single month's home sales and pricing spike. The last time prices and sales rocketed up more than 20% in a single month? August 2003.

Proposal would extend California eviction rule through June

California plans to extend eviction protections through the end of June while using federal money to pay off up to 80% of most tenants’ unpaid rent, according to an agreement announced Monday between Gov. Gavin Newsom and the state’s top two legislative leaders.

US new home sales jump 13.8% in June

The Commerce Department reported Friday that the June gain pushed sales of new homes to a seasonally adjusted annual rate of 776,000. The increase follows a 19.4% jump in May.