Inman Connect
President Joe Biden released a $2 trillion infrastructure plan Wednesday that conservatives immediately decried for its intent to raise taxes on businesses and progressives immediately complained was “not enough” to combat climate change. But real estate groups are praising the proposal for its focus on addressing the nation’s dire housing shortage.
The American Jobs Plan proposes a massive overhaul of the systems and facilities that make the country tick, including fixing and upgrading highways, bridges, ports, airports and public transit; eliminating lead pipes in drinking water systems, renewing the electric grid, and providing high-speed broadband to all Americans; building and retrofitting more than two million homes and commercial buildings and upgrading schools, childcare facilities, veterans hospitals and federal buildings; and investing in manufacturing, U.S. supply chains, research and development and job training.
Blank Rome opens new California office with data privacy team from Troutman Pepper
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
HOA Homefront – Legislators discussing many proposed new HOA laws Here are Sacramento s good ideas
sandiegouniontribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegouniontribune.com Daily Mail and Mail on Sunday newspapers.
California Lawmakers Approve Series of Upzoning Bills
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This past year has been a curveball for real estate in the Lake Tahoe Basin. While prices were already steadily increasing, the pandemic and mass exodus from heavily populated areas that followed blew up the housing market.
Online real estate platforms show historically low inventory along with the skyrocketing prices all around the lake.
Real estate brokers both agree that low inventory and rising prices will continue for the foreseeable future.
California has seen six years of double digit growth in sales, according to Deb Howard, broker and owner of Deb Howard & Co.
According to Howard, on the South Shore there are currently 51 residential listings with a median home price of $1.275 million. There are 99 pending sales with a median price of $750,000, with the overall median home price at $673,000.