California is home to one of the largest concentrations of million-dollar homes in the U.S., especially in high-demand urban and coastal areas. Total Million-Dollar Homes in California Over 2.1 million homes in California are valued at $1 million or more This accounts for nearly 40% of all such homes nationwide Growth has slowed slightly due to rising interest rates, but prices remain...
California faces a severe housing shortage, yet thousands of homes sit vacant across the state. Estimated Vacant Homes in California Approximately 1.7 million housing units are vacant statewide This includes: Second homes or investment properties Units for sale or rent Abandoned or neglected buildings While exact numbers vary by city, vacancy rates are rising due to economic...
Becoming a California real estate appraiser is a rewarding career path for those interested in real estate valuation, finance, and property markets. Appraisers play a crucial role in real estate transactions by determining the value of residential or commercial properties. This guide will walk you through the exact steps to become a licensed or certified real estate appraiser in California. Step 1:...
Manufactured homes — often called mobile homes — are a cost-effective housing option for many Californians, especially in high-cost markets. Average Cost of Manufactured Homes in CA New single-wide: $60,000 – $100,000 New double-wide: $120,000 – $200,000+ Used models: $30,000 – $90,000, depending on age and condition Prices vary by location, features, and whether you rent a...
Mobile homes offer an affordable housing option across California, especially in areas where traditional home prices are high. Average Cost of Mobile Homes in CA New single-wide: $60,000 – $100,000 New double-wide: $120,000 – $200,000+ Used models: $30,000 – $90,000, depending on age and condition Costs vary by location, size, and whether you own the land or rent a...
Buying real estate in California can be exciting but also overwhelming—especially for first-time buyers. With competitive markets, high prices, and complex regulations, it's important to understand each step of the process. This guide will walk you through how to buy real estate in California , from preparing your finances to closing on your dream home. Step 1: Determine Your Budget Before...
Wildfires have destroyed tens of thousands of homes in California over the past two decades. While exact totals vary by year, recent data highlights the growing risk. Key Wildfire Home Losses (2017–2024) YearMajor FiresEstimated Homes Destroyed2020August Complex, SCU Lightning Fires~10,0002021Dixie Fire, Caldor Fire~3,5002022Mosquito Fire, McKinney Fire~1,2002023Canadian Fires impact, smaller...
Selling real estate in California can be highly profitable but also complex due to the state’s unique laws, competitive market, and high buyer expectations. Whether you're a licensed agent or a homeowner selling your property, this guide will walk you through every step of how to sell real estate in California successfully. Step 1: Understand the California Real Estate Market Before listing...
Yes, new homes in California can have fireplaces, but they must meet strict emissions and efficiency standards set by the California Air Resources Board (CARB) and local air districts. Are Fireplaces Allowed in New Construction? Yes — but only EPA-certified gas or wood-burning units that meet state air quality rules. Many new homes use: Gas inserts: Cleaner and more efficient Ventless...
While less common than in other parts of the U.S., homes in California can have basements — but several factors affect their feasibility and cost. Are Basements Allowed in California? Yes, basements are legal and permitted under the California Building Code, but they're rarely built due to: High water table in some regions Earthquake risks requiring special foundation design Higher...
