AUDIENCE Anyone hoping to buy a home in the state of California, whether it's their first home, second home or vacation home. Relevant to both current residents and out-of-staters who plan to move to California and need to understand its unique real estate market. WHAT IS NEW IN THIS EDITION Provides readers with a comprehensive overview of California homebuying; its legal, financial, and practical aspects. A particularly important resource in a state that has strict and unusual legal requirements for home sales. Addresses alarming shifts in the homeowners' insurance markets, in which companies are pulling out of the entire state of California, or swathes thereof, in response to flood and fire risk. It's a time-tested, highly readable resource written by a team of industry specialists, including real estate agents and attorneys. As of September 2024, home prices in California were up 4.2% compared to 2023, selling for a median price of $818,300.
The number of homes sold was up 1.1% year over 2023. So we're looking at a market that's tough to break into, but a growing number of sales happening. [Source: Redfin, at https://www.redfin.com/state/California/housing-market].