Blog Standard

Market Update

The latest housing market as well as economic data is holding up well and a strong job market is helping households shoulder the worsening burden of rising prices. With consumers having to pay almost 25% more for their monthly housing cost this year than last year, and having their incomes stifled by inflation, purchasing a home is getting tougher financially for many buyers. Despite this apprehension, home sales have remained strong up to this point. Housing supply also seemed to have improved, with construction spending climbing, while inventory of existing homes continued to head in the right direction.
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April is Fair Housing Month!

Every April, REALTORS® commemorate the passage of the Fair Housing Act of 1968 with events and education that shine a light on housing discrimination and segregation. Fair Housing Month signifies a recommitment to expanding equal access to housing.
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In Loving Memory of Jeffrey Butscher

Jeffery Butscher, a longtime member of the SBAOR, passed away suddenly on January 9th. Jeffery served as a director for the South Bay Association of REALTORS, as well as a director for the Greater South Bay MLS. He made many contributions to the association and to the real estate industry. Additionally he played an important role in GSB MLS’s successful merger with CRMLS. He will truly be missed!
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In Loving Memory of Diana Saylor

Diana Saylor, a member of SBAOR since 2008, passed away over the weekend of January 22nd. She was a REALTOR at West Shores Realty in Palos Verdes since 2017. Our thoughts go out to her family during this difficult time. She will be missed by many!
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All About SB 9 On Thursday, September 16, Governor Newsom signed a number of

On Thursday, September 16, Governor Newsom signed a number of C.A.R.-supported housing bills, including SB 9 (Atkins), SB 10 (Wiener), and AB 1174 (Grayson), which will help tackle the state’s housing supply crisis. SB 9 will allow for homes that meet the specific requirements of the bill to build duplexes and for owner occupant owners to split their lots and build additional units.
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