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Affordable housing bills hit California Legislature, but will they pass?

Source: KPCC Radio

 

Especially in today’s tight seller’s market, homebuyers are looking for any way to get a leg up on the competition when putting in an offer on their desired home.
California legislators will consider a towering stack of bills addressing the state’s rising housing costs, a testament, they say, to their recognition of an emergency.
It’s unclear how many of the 130 bills will make it through the session. Past leaders such as Toni Atkins, the last speaker of the Assembly, had made housing affordability a priority, but she was unable to get key pieces of legislation passed.
University of Southern California housing specialist Dowell Myers foresees opposition to the housing bills from taxpayer groups and the League of California Cities.

About Community Real Estate

Community Real Estate is a Real Estate Company committed to provide quality professional services. We are a full service company with in-house lending. We are Realtor®s and HUD approved selling agents. We are expert Short Sales, Listing Agents and Buyers’ Agents. We also specialize in First Time Buyers, Second Homes, Vacation Homes, Investment Homes, Leasing and Rentals, Relocations, Foreclosures, Distress Properties and REO listings and sales. We support our America’s Heroes. We look forward to meeting you and your needs!
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